In the past 24 hours, the price of SHIB has decreased by 2.32%. This article examines current price changes, support levels, and future movement predictions.
Current Price Changes for SHIB
As of the time of this writing, SHIB is trading at $0.00001294, having lost 2.32% over the last day.
Chart Analysis and Support Levels
On the hourly chart, SHIB is near the support level of $0.00001273. If there is no bounce back by the end of the day, further correction to the $0.00001250 range is expected. In the broader context, the price oscillates between support at $0.00001173 and resistance at $0.00001428.
Future Predictions and Trading Expectations
The market situation remains unstable, as neither side has a clear advantage. Sharp movements are unlikely to occur before tomorrow. The trading volume is low, indicating a probable sideways trading pattern within the range of $0.000012 to $0.000014.
At present, the price situation for SHIB remains uncertain, with risks of further decline. Market participants should closely monitor support levels and trading volumes to make informed decisions.
