SHIB Price Prediction for June 19
The market is trying to return to green; however, there are still some exceptions from the rule, according to CoinMarketCap.
SHIB/USD
The price of SHIB has dropped by 0.18% over the last day.
On the hourly chart, the rate of SHIB has set a local support of $0.00001155. If the daily bar closes far from that mark, there is a chance to see a test of the $0.00001177 resistance by tomorrow.
On the longer time frame, the situation has not changed too much from yesterday.
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The price of the altcoin is trading within the previous daily candle, which means none of the sides has accumulated enough strength for a sharp move.
From the midterm point of view, the rate has made a false breakout of the formed support of $0.00001138. If sellers’ pressure continues, there is a chance to see a more profound drop to the $0.000011 range.
SHIB is trading at $0.00001163 at press time.