SHIB Price Prediction for October 30

3 weeks ago 29499

ARTICLE AD BOX

Original U.Today article

Denys Serhiichuk

When can traders expect price blast from SHIB?

SHIB Price Prediction for October 30

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Some coins have come back to the red zone, according to CoinMarketCap.

SHIB/USD

The rate of SHIB is unchanged since yesterday.

On the hourly chart, the price of SHIB has made a false breakout of the local support of $0.00001830. If the daily bar closes far from that mark, growth may continue to the resistance by tomorrow.

On the bigger time frame, the rate of the meme coin is far from key levels. At the moment, one should pay attention to the resistance of $0.00002017.

When the price of SHIB gets to this mark and breaks it, the accumulated energy might be enough for a test of the $0.000021-$0.000022 range.

From the midterm point of view, the picture is quite similar. Currently, the rate of SHIB is neither bullish nor bearish. In this case, ongoing sideways trading in the zone of $0.000018-$0.000020 is the more likely scenario.

SHIB is trading at $0.00001855 at press time.

About the author

Denys Serhiichuk

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at [email protected].