In recent days, the market has shown bullish trends, and the price of SHIB has increased by 4.63%. Let's take a look at the current metrics and potential prospects.
Brief Overview of SHIB
SHIB continues to display positive momentum in the market. In the last 24 hours, its price has risen by 4.63%, indicating strong interest from investors.
Current Metrics and Levels
On the hourly chart, SHIB's price has broken through the local resistance at $0.00001239. If buyers can maintain this level, a test of the $0.000013 mark is anticipated. Additionally, if the daily candle closes above $0.00001244, a further upward move towards the $0.000013-$0.00001350 range is likely.
Growth Prospects
From a mid-term perspective, SHIB has bounced off the support level of $0.00001078. If the weekly candle closes near $0.000013, there is a chance to reach the $0.000014 mark soon.
Given the current bullish trends, SHIB, with adequate buyer support, has a strong potential for further growth in the coming weeks.
