You know, the end of the week is looking pretty grim for most coins, according to CoinMarketCap. Shocking, right? Who could have predicted that?
SHIB/USD
So, guess what? The price of SHIB has dropped by a whopping 0.17% in just 24 hours. I mean, wow! Call the press!
Looking at the hourly chart-because who doesn’t love a good chart?-the rate of SHIB is just plummeting after what can only be described as a false breakout at local support of $0.00000671. If the daily bar closes below that mark, we might just see a thrilling test of the $0.00000650 range shortly. Can’t wait!
Now, if we expand our horizons to the bigger time frame, guess what? No reversal signals in sight! Shocking! Pay attention to that nearest level of $0.00000678-it’s like waiting for your favorite show to come back after a cliffhanger.
If we do see a breakout, traders might get a ringside seat to watch it decline to the $0.00000600 zone over the next few days. What an exciting rollercoaster ride that’ll be!
And hey, the weekly time frame isn’t looking any better. If these sellers keep up their pressure, we might just have enough energy stored up for a dramatic dump to the next support level at $0.00000543. Grab your popcorn!
As of now, SHIB is trading at a delightful $0.00000671. Enjoy the thrill!
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2026-02-01 21:41