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Most coins will remain in the red at the beginning of 2025, according to engadget CoinStats.
Shipp/US Dollar
SHIB's price is down 3.32% in the past 24 hours.
On the hourly chart, SHIB price is in the middle of the local channel, between the $0.00002071 support and $0.00002151 resistance.
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Since most of the ATR has been crossed, any sharp movements are unlikely to occur today.
On the larger time frame, one should focus on the nearest level which is $0.00002053. If a breakout occurs, the accumulated energy could be enough to test the $0.000020 range soon.
From a mid-term perspective, the picture is also bearish. If the price drops below the $0.00002095 level, traders may see a sustained correction to the $0.000018 mark.
SHIB is trading at $0.00002124 at press time.
Disclaimer: The opinions expressed by our writers are their own and do not represent the opinions of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Do your own research by contacting financial experts before making any investment decisions. We believe all content to be accurate as of the date of publication, but some offers mentioned may no longer be available.
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