bullish

when

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The end of the week has turned out to be bullish for the crypto market, according to <a href="https://u.today/doge-price-prediction-for-october-6" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="70c06faf-ec68-4197-9c35-16ace6b00b76" src="https://u.today/sites/default/files/inline-images/top10_1400.png">SHIB chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 id="shib-usd">SHIB/USD</h2>
The rate of SHIB has gone up by 1.16% since yesterday. Over the last week, the price has fallen by 9.9%. <img data-entity-type="file" data-entity-uuid="e8c9476d-d0a8-4654-b71e-4e4badeaa66d" src="https://u.today/sites/default/files/inline-images/shib1_117.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 is rising after a breakout of the local level of $0.00001755. While the rate is above that mark, bulls are more powerful than bears. In this case, traders may expect a test of the $0.000018 area soon. <img data-entity-type="file" data-entity-uuid="139f782a-0aa2-414e-9f5e-42b32e0b1cfc" src="https://u.today/sites/default/files/inline-images/shib3_117.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, one should pay attention to the daily bar closure in terms of the $0.00001773 level. If it happens above it, the growth is likely to continue to the $0.00001850-$0.000019 range within the next few days. <img data-entity-type="file" data-entity-uuid="eef32036-0a60-4896-9a39-ac1f9384d5d7" src="https://u.today/sites/default/files/inline-images/shib5.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, buyers may start thinking about further growth when they restore the price above the resistance of $0.00002017.
Until it happens, there is still a chance to witness a correction to the $0.000017 area.
SHIB is trading at $0.00001793 at press time.

SHIB Price Prediction for October 6

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