SHIB Price Prediction for October 22
2024-10-23

Some coins keep setting new local peaks, while others have come back to the red zone by now, according to CoinStats.CoinStats">
SHIBUSD
The rate of SHIB has increased by 0.25% over the last 24 hours.TradingView">
On the hourly chart, the price of SHIB has bounced off the local support level of $0.00001801. If the daily bar closes far from that mark, one can expect growth to the resistance level by tomorrow.TradingView">
On the bigger time frame, traders should focus on the candle's closure in terms of yesterday's bar low. 
If it happens below it, there is a chance to see a more profound decline to the $0.000017-$0.00001750 range.TradingView">
From the midterm point of view, one should wait until the weekly candle closes. If it happens around current prices, traders may witness a test of the $0.000017 area shortly.
SHIB is trading at $0.00001817 at press time.