<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Most of the coins are in the red zone today, according to <a href="https://u.today/bitcoin-btc-price-prediction-for-february-20" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="50e62823-1e54-421a-9073-5dbbc812b254" src="https://u.today/sites/default/files/inline-images/top10_951.png">SHIB chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="shib-usd">SHIB/USD</h2>
The price of SHIB has fallen by 4.88% over the last day. <img data-entity-type="file" data-entity-uuid="c9b78a7f-b1d9-4499-a3d6-ec2b0ea6cadc" src="https://u.today/sites/default/files/inline-images/shib1_61.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of SHIB is trading near the local support level of $0.00000937. If buyers cannot seize the initiative by the end of the day, there is a chance to see a breakout, followed by a blast to the $0.0000090 area. <img data-entity-type="file" data-entity-uuid="1216f8be-3cbd-43aa-b1e2-4d64d250c9df" src="https://u.today/sites/default/files/inline-images/shib2_58.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger chart, the correction continues as there are no reversal signals yet. If the current bar closes below $0.0000940, the decline may lead to the test of the support of $0.00000923 until the end of the week. <img data-entity-type="file" data-entity-uuid="5aff9c7f-93a0-435b-9c72-3195eb78e4a5" src="https://u.today/sites/default/files/inline-images/shib3_64.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
A less clear picture can be seen on the weekly time frame. The volume keeps falling, which means that neither buyers nor sellers are dominating now.&nbsp;
In this case, ongoing sideways trading in the area of $0.0000090-$0.00000950 is the more likely scenario.
SHIB is trading at $0.00000945 at press time.

SHIB Price Prediction for February 21

Table of Contents

U_Today

Other articles published on Feb 21, 2024

Artificial Intelligence and Cryptocurrency: A Synergistic Progression

Revolutionizing Classrooms: How AI Enhances Teaching and Learning

Presale Nearly Sold Out! Pushd (PUSHD) Presale Scores Bitcoin (BTC) & Polkadot (DOT) Whales as 30...

Circle to end USDC support on Justin Sun’s Tron Network

SuperEx’s Most Sincere Event of February: Split $34,000 Total Jackpot, 1600+ Reward Slots

Chainlink Surges 175% as Mysterious Whales Shift Millions of LINK

Join our free newsletter for daily crypto updates!