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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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Sellers have been more powerful than buyers at the <a href="https://u.today/doge-price-analysis-for-december-5" rel="noopener noreferrer nofollow">beginning of the day;</a> however, bulls are trying to get back in the game. <img data-entity-type="file" data-entity-uuid="13481d0d-b092-44c9-8e80-383adb64035a" src="https://u.today/sites/default/files/inline-images/top10_814.png">SHIB chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="shib-usd">SHIB/USD</h2>
The price of SHIB has increased by 5% since yesterday. <img data-entity-type="file" data-entity-uuid="78af24e4-b298-43e0-9cc1-e961cfbca88a" src="https://u.today/sites/default/files/inline-images/shib1_50.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly time frame, the rate of SHIB keeps looking bullish as the price is coming back to the local resistance level of $0.00000940.&nbsp;
If the bar closes near it, there is a high chance to see further growth to $0.00000965. <img data-entity-type="file" data-entity-uuid="9a02c7d5-0bff-4a1c-9fb5-3a3dd21cd96b" src="https://u.today/sites/default/files/inline-images/shib2_50.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, the interim level of $0.00000950 plays a key role in terms of the ongoing rise. If buyers can hold the initiative, the accumulated energy might be enough for a blast to the zone of $0.00001 this week. <img data-entity-type="file" data-entity-uuid="833a7c4a-7ba4-4d0a-878e-db74f0d2aacb" src="https://u.today/sites/default/files/inline-images/shib3_55.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSD" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, traders should focus on the candle closure in terms of the previous bar peak. If it happens around current prices, one may expect ongoing growth.
SHIB is trading at $0.00000936 at press time.

SHIB Price Analysis for December 5

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