<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Buyers have come back to the game, according to <a href="https://u.today/doge-and-shib-price-prediction-for-may-20" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="46b7ac71-a5e7-461a-9cbd-4255cd9b6512" src="https://u.today/sites/default/files/inline-images/top10_1128.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 class="text-align-justify" id="shib-usd">SHIB/USD</h2>
The price of SHIB has increased by 6.45% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="ecc5df53-684f-450c-ad5e-85795a074344" src="https://u.today/sites/default/files/inline-images/shib1_85.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of SHIB is closer to the local support than to the resistance. If buyers loser the interim level of $0.00002540, the drop may continue to the $0.000025 zone soon. <img data-entity-type="file" data-entity-uuid="c0931c1f-fb37-49c0-b0c9-869f62c9a51a" src="https://u.today/sites/default/files/inline-images/shib2_81.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, buyers could not keep the growth going after yesterday's bullish closure.&nbsp;
If the candle closes far from the $0.000026 mark, there is a chance to see a correction to $0.000025. <img data-entity-type="file" data-entity-uuid="b0990d7a-72e1-423f-86fa-7b37d69ee783" src="https://u.today/sites/default/files/inline-images/shib3_87.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, it is too early to make any predictions. However, if the weekly bar closes above $0.000026 and with no long wick, the upward move may continue to the resistance level of $0.00002820.
SHIB is trading at $0.00002561 at press time.

SHIB Price Prediction for May 21

Table of Contents

U_Today

Other articles published on May 21, 2024

Polygon (MATIC) Analysis: Key Levels to Watch Amid Bullish Signal

2 Trending Altcoins To Buy Poised To Make Crypto Millionaires In 2024

3 Cryptos to Buy Before the Next Bull Run

Ethereum’s Market Cap Surpasses Mastercard

Why Is The Ethereum Price Up 20% Today?

President Biden Blocked Chinese Crypto Mining Firm, Citing National Security Risks

Join our free newsletter for daily crypto updates!