Can the rate of SHIB keep its slight rise going?
On the hourly chart, the price of SHIB has broken the local resistance at $0.00001070. If buyers can hold the gained initiative until the end of the day, growth may continue to the $0.000011 zone.
On the bigger time frame, the price keeps trading sideways, accumulating power for a further move. If bulls want to get back in the game, they need to fix above the $0.000011 area. A similar situation can be seen on the weekly chart, as the price is far away from the key levels. Until the price is below the $0.000011 mark, there are more chances to see an ongoing correction than a rise.
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