SHIB to the Moon? 🚀 Here’s Why You Should Care (or Not)

Ah, the market. That fickle mistress, forever flirting with optimism. Today, she’s bullish, according to CoinStats—because, of course, she is. 🙄

SHIB/USD

Behold! The price of SHIB has risen by a whopping 4.63% in the last 24 hours. Cue the confetti cannons and the champagne showers. 🎉🍾

On the hourly chart, SHIB is climbing like a cat chasing a laser pointer after breaking through the local resistance of $0.00001239. If the buyers—those brave souls—can maintain their momentum and the bar closes far from that mark, we might just see a test of the $0.000013 area. Hold onto your hats, folks. 🎩

Zooming out to the bigger time frame, the picture remains as bullish as a bull in a china shop. Keep an eye on the daily candle closure around the $0.00001244 level. If it closes above it without a long wick (because wicks are so last season), the upward move could continue to the $0.000013-$0.00001350 range. 🐂

From a midterm perspective, SHIB has bounced off the support level of $0.00001078 like a rubber ball. If the weekly bar closes near $0.000013, we might just see a test of the $0.000014 mark soon. Because why not? 🎱

At press time, SHIB is trading at $0.00001256. Not exactly life-changing, but hey, it’s something. 💰

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2025-04-12 18:19