SHIB Price Prediction for April 2
The bounce back has not lasted long, and most of the coins are back to the red zone, according to CoinMarketCap.

SHIB/USD
The price of SHIB has fallen by 3.58% over the last 24 hours.

On the hourly chart, the rate of SHIB is looking bearish. If the daily bar closes around or below the support of $0.00001213, the decline is likely to continue to the $0.000012 mark shortly.

The picture is also bearish on the daily time frame. If buyers cannot seize the initiative soon, there is a possibility of seeing a level breakout, followed by a further drop to the $0.00001150 range.

From the midterm point of view, there are no reversal signals yet. In this case, one should focus on the nearest interim area of $0.000012.
If it breaks out, the accumulated energy might be enough for a test of the support of $0.00001078.
SHIB is trading at $0.00001236 at press time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japan To Cut Crypto Tax From 55 Percent To 20 Percent
Bitcoin Dominance Slips To Lowest Level Since February
SWC CEO Andrew Webley on £2.6M Fundraise and BTC Treasury Boost
XRP Faces Trendline Pressure While Ethereum Could Target $5,000 and Bitcoin Eyes Resistance

Trending news
MoreCrypto prices
More








