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Markets

SHIB prediction on May 31

The market turns to red again, according to Coinstats.

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Top currencies before Coinstats

Shib/USD

Shayb price decreased by 5.21 % during the last day.

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Image by Tradingvief

On the hourly graph, the graying rate rises after a false outbreak of the local resistance of $ 0.00001235. If the bulls can keep the acquired initiative, there is an opportunity to test the resistance by tomorrow.

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In the larger time frame, the MEME currency price divided the support that was formed with a value of $ 0.00001230.

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If the candle is closed away from that mark, traders may witness local growth to the $ 0.000013 region.

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From the mid -time point of view, the sellers remain stronger than the bulls. If the weekly tape is closed below $ 0.000012, one may expect the support test soon.

SHIB is traded at $ 0.00001265 at the time of the press.

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