u.today
The prices of all of the top 10 coins are rising today, according to CoinStats.
$SHIB/USD
The rate of $SHIB has rocketed by almost 6% over the last 24 hours.
On the hourly chart, the price of $SHIB is going up after a breakout of the local resistance of $0.00000803. If buyers can hold the gained initiative, the upward move is likely to continue tomorrow.
On the longer time frame, bulls might not have accumulated enough energy for a continued upward move.
In this case, sideways trading in the zone of $0.0000080-$0.00000850 is the most likely scenario.
Neither bulls nor bears are dominating on the weekly chart. The volume remains low, which means traders are unlikely to expect increased volatility soon.
$SHIB is trading at $0.00000839 at press time.