April

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Buyers could not seize the initiative as most of the coins keep trading in the red zone, according to <a href="https://u.today/xrp-price-prediction-for-april-17" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="62d40030-6fdc-463a-a987-8755353562d7" src="https://u.today/sites/default/files/inline-images/top10_1062.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 id="shib-usd">SHIB/USD</h2>
The rate of SHIB has increased by 0.59% over the last day. <img data-entity-type="file" data-entity-uuid="43156073-e871-4eba-8ddd-b827e227b1d3" src="https://u.today/sites/default/files/inline-images/shib1_74.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of SHIB is looking more bullish than bearish as the rate is closer to the resistance than to the support. If the daily candle closes near $0.00002247, one can expect a breakout, followed by a move to the <a href="https://u.today/shib-price-prediction-for-april-16" rel="noopener noreferrer nofollow">$0.000023 area</a>. <img data-entity-type="file" data-entity-uuid="095c9eeb-62bf-4216-9e1b-37cae58d16c0" src="https://u.today/sites/default/files/inline-images/shib2_71.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, neither bulls nor bears are dominating. The price of SHIB is trading within yesterday's bar, which means traders are unlikely to see sharp ups or downs soon. All in all, ongoing consolidation in the area of $0.00002150-$0.000023 is the more likely scenario for the next days. <img data-entity-type="file" data-entity-uuid="04411e4e-2602-4255-ab9c-4b0d7a875031" src="https://u.today/sites/default/files/inline-images/shib3_77.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
A similar picture is on the weekly chart. The volatility has reduced confirming the absence of buyers' and sellers' strength. In this case, one can expect sideways trading around the current prices until the end of the month.
SHIB is trading at $0.00002230 at press time.

SHIB Price Prediction for April 18

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