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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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The correction has returned to the crypto market, according to <a href="https://u.today/ada-and-bnb-price-prediction-for-may-27" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="6e2fd35f-916c-446a-9f4b-45b309398e03" src="https://u.today/sites/default/files/inline-images/top10_1143.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 is almost unchanged since yesterday. <img data-entity-type="file" data-entity-uuid="9bb020ca-86e6-47f1-8f99-43e54578fde9" src="https://u.today/sites/default/files/inline-images/shib2_82.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of SHIB might have found a local resistance level of $0.00002622. However, one should pay attention to the daily closure.&nbsp;
If it happens far from that mark, there is a chance to see a correction to $0.000025. <img data-entity-type="file" data-entity-uuid="7c02ebd1-97e3-4a2e-be96-92180dbb8b2c" src="https://u.today/sites/default/files/inline-images/shib23_0.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, the situation remains unclear. The rate of SHIB keeps accumulating energy for a further sharp move. In this case, traders are unlikely to see ups or downs right away. <img data-entity-type="file" data-entity-uuid="a48413a2-e33d-4f49-a91b-b08a5e9c5b83" src="https://u.today/sites/default/files/inline-images/shib34_0.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, one should focus on the weekly bar in terms of the previous candle peak. If it happens above $0.00002686, the upward move may lead to the test of the resistance of $0.00002820 shortly.
SHIB is trading at $0.00002575 at press time.

SHIB Price Prediction for May 28

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