SHIB Price Prediction for February 21

Buyers keep controlling the initiative on the market at the end of the week, according to CoinMarketCap.

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Top coins by CoinMarketCap

SHIB/USD

The rate of SHIB has risen by 1.66% over the last 24 hours.

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On the hourly chart, the price of SHIB might have set a local resistance of $0.00001598. As most of the daily ATR has been passed, sharp ups or downs are unlikely to happen by the end of the day.

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On the bigger time frame, the rate of the meme coin keeps growing after yesterday’s bullish closure. However, buyers might need to get more energy for an ongoing upward move.

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In this case, sideways trading in the range of $0.00001550-$0.00001650 is the more likely scenario.

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From the midterm point of view, the situation is similar. Neither buyers nor sellers are dominating, which means traders are unlikely to see sharp moves soon.

SHIB is trading at $0.00001585 at press time.

Source: https://u.today/shib-price-prediction-for-february-21-0