Well, folks, hold onto your wallets! The crypto market is doing the cha-cha downwards after a brief tango of growth, according to CoinStats. ππΊ
SHIB/USD
Guess what? The rate of SHIB has taken a nosedive of 2.74% since yesterday! It’s like watching a dog chase its tail, only to trip over its own paws! πΆπΈ
On the hourly chart, SHIB is heading towards the resistance of $0.00001163. If our bullish friends canβt get their act together, we might just see a level breakout, followed by a dramatic plunge to the $0.00001150 zone. Cue the dramatic music! πΆ
Looking at the long-term picture, this meme coin is closer to support than resistance. And with no reversal signals in sight, we might just witness a test of the $0.00001141 level by the end of the week. Itβs like waiting for a bus that never comes! ππ¨
From a midterm perspective, SHIB keeps plummeting after a false breakout of the $0.00001344 resistance. If things donβt change, traders might as well pack their bags for a trip down to the $0.000011 zone by the end of the month. Bon voyage! βοΈπΌ
As of now, SHIB is trading at $0.00001175. So, keep your fingers crossed and your wallets ready! π€π°
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2025-06-17 17:59