This week, the SHIB cryptocurrency shows positive dynamics with a stable growth amid favorable market conditions.
Current SHIB Rate Changes
In the last 24 hours, the SHIB rate has increased by 1.62%, indicating growing interest from traders. The current price stands at $0.00001278.
Technical Level Analysis
On the hourly chart, the price has broken through local resistance at $0.00001253. If bulls manage to hold their positions, a rise to the $0.000013 level is possible. Over a longer timeframe, the current situation also appears more bullish than bearish.
Outlook for the Coming Days
If the dynamics remain stable, a price movement within the $0.000013-$0.00001350 range is likely in the coming days. In the mid-term, the SHIB price remains in a sideways trend between the $0.000012-$0.000014 levels.
In summary, SHIB is demonstrating increasing trader interest, which may lead to further upward momentum in the near future.
