Shiba

Rally

Read

Shiba Inu

Coin

<ul>
 <li>SHIB’s price has dipped by 0.50% in the last 24 hours.</li>
 <li>Despite the short-term decline, SHIB’s hourly chart suggests bullish momentum, targeting $0.00001050.</li>
 <li>On a larger time frame, SHIB lacks strong upward momentum, hinting at potential sideways trading.</li>
</ul>
<p>Shiba Inu (SHIB) has experienced a slight setback with a 0.50% decline over the past 24 hours. While this may raise eyebrows, a deeper analysis of SHIB’s performance unveils intriguing insights.</p>
<p>On the shorter time frame, SHIB appears to maintain its bullish momentum, as indicated by the hourly chart. If the daily bar concludes near or above the $0.00001039 level, there’s optimism for an upward push toward the $0.0000105 region in the coming day.</p>
<p>Zooming out to a larger time frame paints a different picture. SHIB has yet to accumulate the necessary strength for sustained growth. In this scenario, the likelihood of sideways trading within the range of $0.000010 to $0.0000105 prevails until week’s end.</p>
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  <blockquote class="wp-embedded-content" data-secret="OJGCVvrtx8"><a href="https://cryptonewsland.com/shib-price-prediction/" rel="noopener noreferrer nofollow">SHIBA INU Price Prediction 2023 to 2032: Will SHIB Price hit $0.00004 Soon?</a>
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<p>However, from a midterm perspective, all eyes are on the weekly bar closure. Should it occur around the $0.000011 mark, traders could anticipate a resistance breakout, potentially propelling SHIB to the $0.000012 to $0.000015 zone.</p>
<p>As the crypto community closely monitors SHIB’s fluctuations, the coin’s potential remains a topic of considerable interest. With the right conditions and sentiment, SHIB may find itself on an upward trajectory in the foreseeable future.</p>
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<p>The post <a href="https://cryptonewsland.com/shib-coin-price-analysis-sideways-trading-or-a-rally-to-0-000015-zone/" rel="noopener noreferrer nofollow">SHIB Coin Price Analysis: Sideways Trading or a Rally to $0.000015 Zone?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

SHIB Coin Price Analysis: Sideways Trading or a Rally to $0.000015 Zone?

Crypto News Land

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