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The crypto market has turned red, according to <a href="https://u.today/bitcoin-btc-price-prediction-for-december-18" rel="noopener noreferrer nofollow">CoinStats</a>. <img src="https://u.today/sites/default/files/inline-images/top10_1540.png" data-entity-uuid="128e9051-c6e9-4b05-a1be-f6e719f023ab" data-entity-type="file" data-caption="SHIB chart by&amp;nbsp;<a href=&quot;https://coinstats.app/coins/&quot;>CoinStats</a>">
<h2 class="text-align-justify" id="shib-usd">SHIB/USD</h2>
The rate of SHIB has dropped by 6.47% over the last day. <img src="https://u.today/sites/default/files/inline-images/shib1_136.png" data-entity-uuid="4983b0ae-166b-4158-81e9-e008ff3702e3" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/SHIBUSDT&quot;>TradingView</a>">
On the hourly chart, the price of SHIB is looking bullish as it is about to break the local resistance of $0.00002449. If it happens, there is a possibility to see a test of the $0.000025 range by tomorrow. <img src="https://u.today/sites/default/files/inline-images/shib2_131.png" data-entity-uuid="2c1bdb79-b545-4899-9afe-0fb7a2b61ee2" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/SHIBUSDT&quot;>TradingView</a>">
On the daily time frame, the picture is less positive. Even if today's bar closes bullish, the accumulated energy is not enough for a continued upward move.
In this case, sideways trading in the zone of $0.000023-$0.000026 is the more likely scenario. <img src="https://u.today/sites/default/files/inline-images/shib3_136.png" data-entity-uuid="52f4b111-a56f-4356-aa43-44048a3c9d85" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/SHIBUSDT&quot;>TradingView</a>">
From the midterm point of view, one should pay attention to the candle's closure in terms of the previous bar's low. If it happens below $0.00002418, the correction may continue to the next support of $0.00002107.
SHIB is trading at $0.00002446 at press time. <a href="https://u.today/shib-price-prediction-for-december-19" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

SHIB Price Prediction for December 19

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