The post SHIB Price Analysis for December 2 appeared on BitcoinEthereumNews.com. The prices of all of the top 10 coins are rising today, according to CoinStats. Top coins by CoinStats SHIB/USD The rate of SHIB has rocketed by almost 6% over the last 24 hours. Image by TradingView On the hourly chart, the price of SHIB is going up after a breakout of the local resistance of $0.00000803. If buyers can hold the gained initiative, the upward move is likely to continue tomorrow. Image by TradingView On the longer time frame, bulls might not have accumulated enough energy for a continued upward move.  You Might Also Like In this case, sideways trading in the zone of $0.0000080-$0.00000850 is the most likely scenario. Image by TradingView Neither bulls nor bears are dominating on the weekly chart. The volume remains low, which means traders are unlikely to expect increased volatility soon. SHIB is trading at $0.00000839 at press time. Source: https://u.today/shib-price-analysis-for-december-2The post SHIB Price Analysis for December 2 appeared on BitcoinEthereumNews.com. The prices of all of the top 10 coins are rising today, according to CoinStats. Top coins by CoinStats SHIB/USD The rate of SHIB has rocketed by almost 6% over the last 24 hours. Image by TradingView On the hourly chart, the price of SHIB is going up after a breakout of the local resistance of $0.00000803. If buyers can hold the gained initiative, the upward move is likely to continue tomorrow. Image by TradingView On the longer time frame, bulls might not have accumulated enough energy for a continued upward move.  You Might Also Like In this case, sideways trading in the zone of $0.0000080-$0.00000850 is the most likely scenario. Image by TradingView Neither bulls nor bears are dominating on the weekly chart. The volume remains low, which means traders are unlikely to expect increased volatility soon. SHIB is trading at $0.00000839 at press time. Source: https://u.today/shib-price-analysis-for-december-2