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Neither buyers nor sellers control the weekend, according to CoinStats.
Shipp/US Dollar
SHIB's price decreased by 0.34% over the past day.
On the hourly chart, SHIB price remains bearish as it approaches the local support level at $0.00002158. If a breakout occurs, traders could see a test of the $0.00002150 range soon.
On the larger time frame, buyers failed to sustain the rally after yesterday's bullish close. If the candle closes around the current prices, the energy may be enough to move to the $0.000021 area.
On the weekly chart, the situation is quite similar. In this case, the area closer to $0.000020 is necessary in terms of further price movement.
Related to
If sellers break it, the next area where the pair could bounce back is $0.000018.
SHIB is trading at $0.00002165 at press time.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views 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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