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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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Most of the coins keep slightly rising, according to <a href="https://u.today/binance-coin-bnb-price-analysis-for-november-24" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="6b27e44a-2df5-46c8-9249-231a2d01baa4" src="https://u.today/sites/default/files/inline-images/top10_792.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 price of SHIB has risen by almost 2% over the last day. <img data-entity-type="file" data-entity-uuid="f21feb4c-a74a-4780-9243-3267a0e5c1e0" src="https://u.today/sites/default/files/inline-images/shib1_47.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of SHIB is looking bullish as the rate is trying to come back to the recently formed local resistance level of $0.00000826.&nbsp;
If it manages to achieve it and fix above, the rise may lead to a test of the $0.00000830-$0.00000840 zone soon. <img data-entity-type="file" data-entity-uuid="514db19d-5e0b-4f51-9cc7-53aad8f6d15a" src="https://u.today/sites/default/files/inline-images/shib2_47.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, it is too early to make any predictions as the price is far from the resistance of $0.00000851. In this case, sideways trading in the area of $0.0000080-$0.00000830 is the more likely scenario for the next few days. <img data-entity-type="file" data-entity-uuid="37a469d3-a91e-42f9-8e0f-6a029546728c" src="https://u.today/sites/default/files/inline-images/shib3_52.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the weekly chart, one should focus on the bar's closure in terms of the last candle low. If it happens far from the last candle low, there is a chance to see a bounce back to $0.00000850 shortly.
SHIB is trading at $0.00000825 at press time.

SHIB Price Analysis for November 24

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