April

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The cryptocurrency market is still facing a correction, according to <a href="https://u.today/doge-price-prediction-for-april-12" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="dfd4e3b9-c3fb-4f31-a3c7-2334dd5ffe5e" src="https://u.today/sites/default/files/inline-images/top10_1052.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 price of SHIB has declined by 1.89% since yesterday. <img data-entity-type="file" data-entity-uuid="302ed66b-a884-44e6-a29e-66a3a017a884" src="https://u.today/sites/default/files/inline-images/shib1_71.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
Despite today's fall, the price of SHIB keeps looking bearish as it is returning to the local support level of $0.00002662.&nbsp;
If the bar closes near it, the accumulated energy might be enough for a breakout to the $0.000026 zone. <img data-entity-type="file" data-entity-uuid="1f4f44ee-f837-404d-b63d-ae55214347d4" src="https://u.today/sites/default/files/inline-images/shib2_68.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, the price of SHIB has once again bounced off the $0.000028 zone. At the moment, one should pay attention to the nearest interim area of $0.000026. If buyers lose it, the drop may lead to the test of $0.000024-$0.000025 soon. <img data-entity-type="file" data-entity-uuid="cb76686a-a5e3-4475-a079-be038d1f9f17" src="https://u.today/sites/default/files/inline-images/shib3_74.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the weekly chart, there are also no reversal signals yet. If the candle closes below the previous bar low, there is a high chance to see a test of the support of $0.00002380 until the end of the month.
SHIB is trading at $0.00002694 at press time.

SHIB Price Prediction for April 12

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