SHIB Price Prediction for February 19

Most of the coins are coming back to the green zone after a bearish market opening.

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Top coins by CoinStats

SHIB/USD

The rate of SHIB has increased by 1.18% over the last 24 hours.

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On the hourly chart, the price of SHIB is looking bullish. If the breakout of the local resistance occurs, there is a chance to see a test of the $0.000016 range shortly.

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On the daily time frame, the picture is quite the opposite. If the bar closes below the interim level of $0.000015, the accumulated energy might be enough for an ongoing correction to the $0.000014-$0.00001450 zone.

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From the midterm point of view, there are no reversal signals yet. 

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Bitcoin (BTC) Price Prediction for February 19

If buyers want to seize the initiative again, they need to restore the rate above the $0.000017 area.

SHIB is trading at $0.00001533 at press time.

Source: https://u.today/shib-price-prediction-for-february-19