SHIB price prediction for October 15th

According to CoinStats, most cryptocurrencies continue to reach new local peaks.

SHIB/USD

The SHIB price has fallen by 2.79% over the last day.

On the hourly chart, SHIB price is breaking the local support at $0.00001777.

Related

If the daily bar closes below this level, the decline is likely to extend to the $0.000017 area soon.

On the larger time frame, the bears are not ready to give up so easily. If today’s bar closes below yesterday’s candlestick low, one can expect a test of the $0.000016 to $0.000017 zone in the next few days.

In the medium term, neither bulls nor bears dominate as the price has not yet reached the crucial levels. Buyers may only consider further upside if they bring the price back to the $0.000020 area.

At press time, SHIB is trading at $0.00001794.