SHIB Price Displays Bullish Signs, Here Are Possible Targets


Key Support level: $0.000023

Key Resistance levels: $0.000028

On Saturday, SHIB’s rate moved above the coming down trendline that was serving as resistance (in dotted line) with great volume. Since then, the rate has actually continued upwards and might reach the crucial resistance at $0.000028 if momentum preserves. The present assistance is discovered at $0.000023.

Chart by Trading View

Technical Indicators

Trading Volume: The volume had a good boost last Saturday throughout the break, however had a hard time to stay at that level in the list below days.

RSI: The everyday RSI is discovered at 50 points and curving upwards. If it can make a greater high, then that would be an extra bullish signal.

MACD: The everyday MACD is bullish with momentum getting for purchasers. This might expect a more boost in rate quickly.

Chart by Trading View


The predisposition on SHIB is leaning bullish in the short-term.

Short-Term Prediction for SHIB Price

If purchasers handle to keep this momentum and do not let the rate fall listed below the present assistance, SHIB has a significant opportunity to move much greater and check the crucial resistance at $0.000028. The latest correction and sag appear over, for that reason the rate action prefers bulls.

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Cryptocurrency charts by Trading View.


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