The post SHIB Price Analysis for December 23 appeared on BitcoinEthereumNews.com. The market is almost red today, according to CoinMarketCap. Top coins by CoinMarketCapThe post SHIB Price Analysis for December 23 appeared on BitcoinEthereumNews.com. The market is almost red today, according to CoinMarketCap. Top coins by CoinMarketCap

SHIB Price Analysis for December 23

The market is almost red today, according to CoinMarketCap.

Top coins by CoinMarketCap

SHIB/USD

The rate of SHIB has declined by 2.72% over the last 24 hours.

Image by TradingView

On the hourly chart, the price of SHIB keeps looking bearish on the hourly chart. If a breakout of the $0.00000711 level happens, the decline is likely to continue to the $0.0000070 area soon.

Image by TradingView

On the longer time frame, there are also no reversal signals yet. If the daily bar closes near the $0.0000070 level, the accumulated energy might be enough for a more profound decline to the next support at $0.00000678.

Image by TradingView

A similar picture can be seen on the weekly chart. 

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If bulls cannot seize the initiative, traders may expect a support breakout, followed by an ongoing drop to the $0.0000060 range.

SHIB is trading at $0.00000712 at press time.

Source: https://u.today/shib-price-analysis-for-december-23

Piyasa Fırsatı
SHIBAINU Logosu
SHIBAINU Fiyatı(SHIB)
$0.000007081
$0.000007081$0.000007081
-0.25%
USD
SHIBAINU (SHIB) Canlı Fiyat Grafiği
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