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The crypto market continues to face a correction, according to him CoinStats.
SHIB/USD
The rate of SHIB decreased by 2% in the past day.
In the hourly chart, the price of SHIB fell after establishing a local resistance at $0.00000985. If the buyers can not take the initiative, we can expect a test of the support from tomorrow.
On the longer term, the rate of SHIB is far from the support and resistance levels. Volume remains low, which means that neither buyers nor sellers have accumulated enough energy for a strong move.
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In this case, side trading in the area of ​​$0.000095-$0.000010 is the most likely scenario.
From the midterm point of view, the situation is similar. However, if the price fails to repair above the interim zone of $0.000010, traders can expect a test of the support of $0.00000832 shortly.
SHIB is trading at $0.00000976 at press time.
