SHIB price prediction for December 1st
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SHIB price prediction for December 1st

Posted on by Amelia Pressman

SHIB price prediction for December 1st

Cover photo via U.Today

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According to CoinMarketCap, the last day of the week is more bearish than bullish.

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Top coins from CoinMarketCap

SHIB/USD

SHIB has gained sharply in value today, up 13.19%.

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Image from TradingView

On the hourly chart, SHIB price continues to look bullish. If the daily bar closes near the resistance, the growth is likely to continue towards the $0.000032 area and above.

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Image from TradingView

On the larger time frame, one should pay attention to the candle close related to the $0.00003046 level.

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Ethereum (ETH) price forecast for November 30th

If a false breakout occurs and the bar closes far from this level, traders could see a decline into the $0.000028 area next week.

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Image from TradingView

From a medium-term perspective, a similar picture emerges. However, if there is a break above resistance, the accumulated energy could be enough for a move into the $0.000032-$0.000034 range.

At press time, SHIB is trading at $0.00002957.

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