Can SHIB rise faster than the top coins?
On the hourly chart, the price is stuck in the narrow range between the support at $0.00001112 and the resistance at $0.00001134. Sharp moves are unlikely by the end of the day as most of the ATR has been passed.On the bigger time frame, the price is slowly approaching the resistance level at $0.00001169. At the moment, one should pay attention to the daily closure. If it happens near the $0.
The situation is less clear on the weekly chart, as the price is still far from the key levels. It means that neither buyers nor sellers are ready to seize the initiative in the midterm point of view. Respectively, consolidation in the $0.000011 area is the more likely scenario until the end of the month.
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