SHIB Price Prediction for March 4

The rates of coins keep going down today, according to CoinStats.

SHIB/USD

The price of SHIB has declined by almost 11% over the last 24 hours.

On the hourly chart, the rate of SHIB is coming back to the local support level of $0.00001235. If the situation does not change by the end of the day, one can expect a breakout, followed by a move to the $0.000012 zone.

On the daily time frame, the price of the meme coin keeps falling after yesterday’s bearish closure.

BTC, ETH and XRP Price Prediction for March 3

As there are no reversal signals yet, the breakout of the support of $0.00001158 may lead to a test of the $0.000010-$0.000011 zone.

From the midterm point of view, sellers remain more powerful than buyers. The volume keeps falling, which means traders are unlikely to see a bounce back shortly.

SHIB is trading at $0.00001259 at press time.

Source: https://u.today/shib-price-prediction-for-march-4