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SHIB Price Prediction for April 7
As we approach the end of the week and the start of a new one, many investors are eager to know what the future holds for Shiba Inu (SHIB). Our analysis suggests that there might be an ongoing upward move.
In order to predict whether this trend will continue or not, it is essential to look at the current price action on the SHIB chart. Based on that data, it appears that if the daily bar closes around the current prices or above and with a long wick, it might happen.
Looking at a bigger time frame, one should focus on the support level of $0.00001144. If it happens far from it, we can expect a bounce off to the area around $0.000012 soon.
On the weekly chart, a similar picture can be seen. Since only a few days remain until the bar’s closure, it is too early to make any distant predictions at this time. However, if the candle closes around the current prices, sideways trading in the range of $0.000011-$0.000013 is most likely scenario.
SHIB is currently trading at $0.00001144 as of the publication date.
Source: https://u.today/shib-price-prediction-for-april-7-0
