Shiba Inu Price Prediction for May 19: Can SHIB Extend Its Bullish Reversal Above 0.000015?
Shiba Inu price today is trading around 0.00001480, staging a notable comeback from the recent May 17 low of 0.00001407. The meme token surged nearly 4.3% over the last 24 hours, driven by a strong rebound from critical demand zones. After several days of choppy trading and downside pressure, SHIB bulls appear to be reclaiming momentum as sentiment improves across the broader crypto market.
The key question now is: Why Shiba Inu price going up today, and can this rally sustain into the weekend? Let’s break down the current Shiba Inu price action, short-term resistance levels, and what traders should watch heading into May 19.
What’s Happening with Shiba Inu’s Price?
SHIBUSD price dynamics (Source: TradingView)
After slipping to the 0.00001400–0.00001415 support range earlier this week, SHIB has since shown a strong bounce, confirming a higher low on the 4-hour chart. Price has now reclaimed its 20/50/100 EMA levels on the 3-hour timeframe, signaling a shift in momentum toward buyers. Bollinger Bands on the 3-hour chart are beginning to expand upward, showing volatility is picking up as SHIB attempts to break out.
SHIBUSD price dynamics (Sourc…
The post Shiba Inu Price Prediction for May 19: Can SHIB Extend Its Bullish Reversal Above 0.000015? appeared first on Coin Edition.
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Shiba Inu Price Prediction for May 19: Can SHIB Extend Its Bullish Reversal Above 0.000015?
Shiba Inu price today is trading around 0.00001480, staging a notable comeback from the recent May 17 low of 0.00001407. The meme token surged nearly 4.3% over the last 24 hours, driven by a strong rebound from critical demand zones. After several days of choppy trading and downside pressure, SHIB bulls appear to be reclaiming momentum as sentiment improves across the broader crypto market.
The key question now is: Why Shiba Inu price going up today, and can this rally sustain into the weekend? Let’s break down the current Shiba Inu price action, short-term resistance levels, and what traders should watch heading into May 19.
What’s Happening with Shiba Inu’s Price?
SHIBUSD price dynamics (Source: TradingView)
After slipping to the 0.00001400–0.00001415 support range earlier this week, SHIB has since shown a strong bounce, confirming a higher low on the 4-hour chart. Price has now reclaimed its 20/50/100 EMA levels on the 3-hour timeframe, signaling a shift in momentum toward buyers. Bollinger Bands on the 3-hour chart are beginning to expand upward, showing volatility is picking up as SHIB attempts to break out.
SHIBUSD price dynamics (Sourc…
The post Shiba Inu Price Prediction for May 19: Can SHIB Extend Its Bullish Reversal Above 0.000015? appeared first on Coin Edition.
Read More
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