bullish

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Neither bulls nor bears are dominating today, according to <a href="https://u.today/btc-eth-and-xrp-prediction-for-september-2" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="9c195937-4861-4e12-9fcf-77e086b6cba7" src="https://u.today/sites/default/files/inline-images/top10_1336.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 SHIB rate has decreased by 0.41% over the past day. <img data-entity-type="file" data-entity-uuid="90ce7e7d-1145-4777-9125-f8f2f8fc45d2" src="https://u.today/sites/default/files/inline-images/shib1_111.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 the meme coin is near the support of $0.00001352.&nbsp;
If nothing changes by the end of the day, there is a possibility of seeing an ongoing correction to the $0.00001340 zone. <img data-entity-type="file" data-entity-uuid="122fce19-327f-486d-8247-f27960548df1" src="https://u.today/sites/default/files/inline-images/shib2_108.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
Bulls have failed to keep yesterday's rise going, as the price of DOGE is below the last candle peak. In this regard, it is too early to think about a fast reversal, as not enough energy has been accumulated so far. <img data-entity-type="file" data-entity-uuid="698bb162-9d9a-4bf8-8479-e2c5b410c343" src="https://u.today/sites/default/files/inline-images/shib3_111.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the weekly chart, the situation is bearish despite the current bullish bar. If buyers want to get back in the game in the midterm, they need to restore the price to at least the $0.000016 level.
SHIB is trading at $0.00001362 at press time.

SHIB Prediction for September 3

Table of Contents

U_Today

Other articles published on Sep 3, 2024

Investors Drive Significant Increase in ORDI Price

Binance CEO calls Gambaryan’s treatment ‘inhuman’ as disturbing new video emerges

Gavin Wood Net Worth: An Insight into the Ethereum Co-Founder's Wealth

Solo Bitcoin Mining Defies Odds with 11 Blocks Mined in Just Six Months Despite 1 in 1.4 Million ...

FTX Will Release Compensation Payments to Retail Investors

3 Shiba Inu Metrics Skyrocketing as SHIB Enters Rebound Mode

Join our free newsletter for daily crypto updates!