u.today
Most coins remain in the green zone on the first day of the weekend, according to CoinStats.
$SHIB/USD
The rate of $SHIB has risen by 6.32% over the last 24 hours.
On the hourly chart, the price of $SHIB has fixed above the resistance of $0.00001356.
If buyers can hold the gained initiative and the candle closes with no long wick, the upward move may lead to a test of the $0.000014 range soon.
On the bigger time frame, there are no reversal signals yet. If the bar closes near its peak, the growth may continue to the resistance of $0.00001428 by the end of the week.
From the midterm point of view, the rate of $SHIB is within the previous candle. Even if the weekly candle closes around the current prices, buyers might need more time to accumulate energy for a further move. In this regard, consolidation in the area of $0.000013-$0.000015 is the more likely scenario.
$SHIB is trading at $0.00001374 at press time.