The market is slightly changing to red, according to CoinStats.
SHIB/USD
The rate of SHIB has fallen by 0.76% since yesterday.
On the hourly chart, the price of SHIB has broken the local support of $0.00001157. If the daily bar closes below that mark, the correction is likely to continue to the $0.00001140 zone.
On the bigger time frame, the picture is also bearish. The rate of SHIB is about to break the support of $0.00001151.
If it happens, the accumulated energy might be enough for a move to the $0.000011 area. Such a scenario is relevant until the end of the week.
On the weekly chart, the situation is more positive. The price is within the previous bar, which means none of the sides has seized the initiative yet. In this case, sideways trading in the range of $0.000011-$0.00001250 is the more likely scenario until the end of June.
SHIB is trading at $0.00001152 at press time.
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