SHIB Price Analysis for October 21

The market has almost changed to red today, according to CoinMarketCap.

SHIB/USD

The rate of SHIB has fallen by 0.26% over the past day.

On the hourly chart, the price of SHIB is going up after a breakout of the local resistance of $0.00001010. If bulls can hold the gained initiative and the daily bar closes near $0.00001030, growth is likely to continue to the $0.00001050 range.