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The last day of the week is mainly bullish, however, there are some exceptions, according to <a href="https://u.today/doge-prediction-for-august-10" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="27b39732-0b7f-410b-a838-c0dd74d6e114" src="https://u.today/sites/default/files/inline-images/top10_1289.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 0.56% over the past day. <img data-entity-type="file" data-entity-uuid="f3f9a652-da25-4c21-ad5e-95c833c92031" src="https://u.today/sites/default/files/inline-images/shub1_0.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 returning to the local support level of $0.00001406. If buyers fail to seize the initiative by the end of the day, one can expect a breakout followed by a further drop to the $0.00001390 zone. <img data-entity-type="file" data-entity-uuid="ac6d0dc5-314e-4606-a932-351c2d3bd010" src="https://u.today/sites/default/files/inline-images/shib2_104.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, the bar is about to close far from today's peak. If nothing changes, bears may be back in the game again, which can lead to a test of the $0.000014 area. <img data-entity-type="file" data-entity-uuid="21be7af4-6647-4d49-8731-773d008d3ad9" src="https://u.today/sites/default/files/inline-images/shib3_107.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, the rate of SHIB has made a false breakout of the support level of $0.00001266.&nbsp;
If the weekly candle closes around the current prices, traders may witness sideways trading in the area of $0.000013-$0.000015 over the next few days.
SHIB is trading at $0.00001415 at press time.

SHIB Prediction for August 11

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