SHIBA INU is trading at the time of the publication of the forecast at 0.00003088, they continue to move within the correction and the bullish channel. Moving averages indicate the presence of a short-term bullish trend for the coin. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall from the current levels. As part of the SHIB/USD rate forecast, it is not worth considering an attempt to develop a decrease in the value of a digital asset and a test of the support area near the level of 0.00002805. From where a rebound is expected again and an attempt to continue the growth of the SHIBA INU cryptocurrency with a potential target above the level of 0.00004005.
SHIBA INU Crypto Forecast February 18, 2022
An additional signal in favor of the rise in SHIB/USD quotes for tomorrow will be a rebound from the support line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the bullish channel. Cancellation of the growth option for the SHIBA INU cryptocurrency will be a fall and a breakdown of the 0.00002605 area. This will indicate a breakdown of the support area and a continuation of the fall of SHIB/USD quotes with a target below the level of 0.00002005. The rise of the cryptocurrency will be confirmed by a breakdown of the resistance area and closing of quotes above the level of 0.00003505.
SHIBA INU Crypto Forecast February 18, 2022 suggests an attempt to develop a correction of the coin and a test of the support area near the level of 0.00002805. Then, continued growth to the area above the level of 0.00004005. An additional signal in favor of the rise of SHIBA INU will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option will be a fall and a breakdown of the area of 0.00002605. This will indicate the continued fall of the cryptocurrency with the target below the level of 0.00002005.
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