April

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
The week is ending bearish for most coins, according to <a href="https://u.today/xrp-price-prediction-for-april-13" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="d0440dea-1b41-4391-86b9-8fa923a707d6" src="https://u.today/sites/default/files/inline-images/top10_1055.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 rate of SHIB has fallen by almost 12% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="1e529d64-515d-49e4-924d-fec40c9271d8" src="https://u.today/sites/default/files/inline-images/shib1_72.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of SHIB is in the middle of the local channel between the support of $0.00002056 and the resistance of $0.00002299.
As most of the daily ATR has been passed, ongoing sideways trading around $0.000022 is the more likely scenario until the end of the day. <img data-entity-type="file" data-entity-uuid="49ec0b23-4541-49d0-90be-d21cb373a6ce" src="https://u.today/sites/default/files/inline-images/shib2_69.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, the rate of SHIB has bounced off the support level of $0.000019. At the moment, one should pay attention to the candle closure. If it happens far from that mark, there is a chance to see a local upward move to the $0.000024 zone. <img data-entity-type="file" data-entity-uuid="73e3fad7-5724-4db8-ab70-5288b9ed6b27" src="https://u.today/sites/default/files/inline-images/shib3_75.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, the picture is less positive. If the weekly bar closes around the current prices, the drop may lead to a further correction to the $0.000016-$0.000018 range.
SHIB is trading at $0.00002174 at press time.

SHIB Price Prediction for April 14

Table of Contents

U_Today

Other articles published on Apr 14, 2024

Crypto Markets Tumble Following Iran's Drone Attack Against Israel, Investor Warns Of Continued S...

Significant Token Unlock Event for Ethereum Layer-2 Network Starknet’s STRK

Cryptocurrency EOS dropped by 11% in bearish trading with a pullback.

Binance exec on the run: Nigeria government pursues extradition from Kenya

Chainlink and Polkadot Traders Interested in a New Meme Coin After Hitting Its All-time High

Small Investment, Big Dreams: Top Crypto Picks to Multiply Your Wealth

Join our free newsletter for daily crypto updates!