Most of the coins are back to the green zone, according to CoinStats.
SHIB/USD
The rate of SHIB has gone up by almost 2% over the last day.
On the hourly chart, the price of SHIB is under sellers’ pressure as it is closer to the support than to the resistance.
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If the picture does not change by tomorrow, one can expect a level breakout, followed by a dump to the $0.00001260 zone.
On the bigger time frame, neither bulls nor bears are dominating. If the daily candle closes around the current prices, ongoing sideways trading in the area of $0.00001250-$0.000013 is the most likely scenario.
A similar situation can be seen on the weekly chart. The volume remains low, which means there are low chances of seeing sharp moves soon.
SHIB is trading at $0.00001274 at press time.
Source: https://u.today/shib-price-prediction-for-may-7-0