SHIB Price Analysis for February 27

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SHIB Price Analysis for February 27
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Can SHIB rise faster than top 10 coins?

Despite today's rise, SHIB keeps looking bullish as the price is trading near the resistance level at. Respectively, the more likely scenario is the ongoing rise to the next zone around $0.000013.

On the daily time frame, the price of SHIB has made a false breakout of the mirror level at $0.00001264. Until the rate is above that mark, buyers keep controlling the situation on the market. In this regard, traders may expect growth to the $0.00001323 mark. From the midterm point of view, SHIB is trading in the middle of the channel, getting strength for a further sharp move. One can consider ongoing growth only when the rate gets back to the $0.000015 zone and fixes above it.

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