SHIB Price Prediction for March 2

Buyers are controlling the situation at the end of the week, according to CoinStats.

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SHIB chart by CoinStats

SHIB/USD

The rate of SHIB has risen by 0.07% since yesterday. Over the last week, the price has fallen by 12.68%.

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Image by TradingView

On the hourly chart, the price of SHIB is near the local support of $0.00001355. If a breakout happens, one can expect an ongoing decline to the $0.000013 range next week.

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Image by TradingView

On the daily time frame, the rate of the meme coin is on the way to the support level of $0.00001303.

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Bitcoin (BTC) Price Prediction for March 1

If a breakout happens, there is a possibility of a test of the $0.00001250 zone.

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Image by TradingView

From the midterm point of view, bears are also more powerful than bulls. If the weekly candle closes around the current prices, a fall to the $0.000010 area is the more likely scenario.

SHIB is trading at $0.00001357 at press time.

Source: https://u.today/shib-price-prediction-for-march-2