April

mirror

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The market is trading neutrally as the prices of some coins are rising while others <a href="https://u.today/xrp-price-prediction-for-april-19" rel="noopener noreferrer nofollow">keep falling</a>, according to CoinMarketCap. <img data-entity-type="file" data-entity-uuid="8bd431db-6dc1-42db-be81-70d9cf4aa487" src="https://u.today/sites/default/files/inline-images/top10_1066.png">Top coins by <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
<h2 class="text-align-justify" id="shib-usd">SHIB/USD</h2>
The price of SHIB has risen by 1.02% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="4a23d6d9-2b33-4002-88bd-68fef16e9cab" src="https://u.today/sites/default/files/inline-images/shib1_75.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 looking bullish as it is testing the local resistance level of $0.00002328. If a breakout happens by the end of the day, the growth may continue to the <a href="https://u.today/shib-price-prediction-for-april-18" rel="noopener noreferrer nofollow">$0.000024 area</a> tomorrow. <img data-entity-type="file" data-entity-uuid="a1fec54a-83bc-4bb1-b77f-d33589ff2331" src="https://u.today/sites/default/files/inline-images/shib2_72.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, one should pay attention to the mirror level of $0.00002380. If the bar closes above it, there is a chance to see ongoing growth to the $0.000025-$0.000026 range. Such a scenario is relevant until the end of the month. <img data-entity-type="file" data-entity-uuid="7dc8252f-85e8-4641-9191-51b67fd02a09" src="https://u.today/sites/default/files/inline-images/shib3_78.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, neither bulls nor bears have accumulated enough energy for a continued move. The volume is low, confirming the absence of buyers' or sellers' strength. All in all, sideways trading in the area of $0.000020-$0.000025 is the more likely scenario for the upcoming weeks.
SHIB is trading at $0.00002324 at press time.

SHIB Price Prediction for April 20

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