The market is almost red today, according to CoinMarketCap.
Top coins by CoinMarketCap## SHIB/USD
The rate of SHIB has declined by 2.72% over the last 24 hours.
Image by TradingViewOn the hourly chart, the price of SHIB keeps looking bearish on the hourly chart. If a breakout of the $0.00000711 level happens, the decline is likely to continue to the $0.0000070 area soon.
Image by TradingViewOn the longer time frame, there are also no reversal signals yet. If the daily bar closes near the $0.0000070 level, the accumulated energy might be enough for a more profound decline to the next support at $0.00000678.
Image by TradingViewA similar picture can be seen on the weekly chart
If bulls cannot seize the initiative, traders may expect a support breakout, followed by an ongoing drop to the $0.0000060 range.
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
SHIB Price Analysis for December 23 - U.Today
The market is almost red today, according to CoinMarketCap.
The rate of SHIB has declined by 2.72% over the last 24 hours.
If bulls cannot seize the initiative, traders may expect a support breakout, followed by an ongoing drop to the $0.0000060 range.
SHIB is trading at $0.00000712 at press time.