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SHIB Price Prediction for February 19
After a bearish market opening, the Shiba Inu (SHIB) price has managed to bounce back and regain some ground in the green zone. As of now, it is crucial to understand that there are no reversal signals present from a midterm perspective.
In an effort to regain control of the market, SHIB needs to re-ascend above the $0.000017 area. Currently, the price stands at $0.00001533 at the time of writing.
To see any kind of substantial growth, bulls must push the rate higher than this resistance level. Meanwhile, a potential decline might be observed if the bar closes below the interim mark of $0.000015.
In light of these observations, it seems that SHIB is on the cusp of undergoing a correction down to the $0.000014-$0.00001550 zone.
For now, it appears as though there are no signs indicating any kind of drastic reversal.
SHIB is trading at $0.00001533 as of the moment this article was written.
[Source: TradingView]
Source: u.today
