SHIB Price Prediction for February 15
2025-02-15
Category: None

Bulls are trying to hold the gained initiative, according to CoinStats.CoinStats">
SHIBUSD
The price of SHIB has risen by 0.45% over the last day.TradingView">
On the hourly chart, the rate of SHIB is near the local support of $0.00001658. If a breakout happens, the accumulated energy might be enough for a move to the $0.00001640 range by tomorrow.TradingView">
On the bigger time frame, neither side is dominating. The volume keeps falling, which means sharp moves are unlikely to happen soon.
All in all, consolidation in the area of $0.000016-$0.000017 is the more likely scenario.TradingView">
From the midterm point of view, one should focus on the weekly bar closure in terms of the previous candle high. If it happens above the $0.000017 mark and with no long wick, traders may witness a test of the $0.000018 zone next week.
SHIB is trading at $0.00001663 at press time.