{"id":138773,"date":"2023-09-02T03:06:11","date_gmt":"2023-09-01T21:36:11","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=138773"},"modified":"2023-09-02T03:06:11","modified_gmt":"2023-09-01T21:36:11","slug":"shib-price-analysis-for-august-17-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/shib-price-analysis-for-august-17-crypto-news\/","title":{"rendered":"SHIB Price Analysis for August 17 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"disclaimer_text\">Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.<\/p>\n<\/div>\n<div>\n<p>Bears remain more powerful than bulls, according to the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/u.today\/xrp-price-analysis-for-august-16\">CoinMarketCap ranking<\/a>.<\/p>\n<\/p>\n<p>Top coins by<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/\"><u> CoinMarketCap<\/u><\/a><\/p>\n<h2>SHIB\/USD<\/h2>\n<p>The price of SHIB has declined by 11.19% over the last 24 hours.<\/p>\n<p><img decoding=\"async\" alt=\"SHIB\/USD chart by Trading View\" data-entity-type=\"file\" data-entity-uuid=\"1291dd46-203d-44ba-875f-5f9b80cdfdde\" src=\"https:\/\/u.today\/sites\/default\/files\/inline-images\/shib1_33.png\" \/><\/p>\n<p>Image by <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/SHIBUSD\"><u>TradingView<\/u><\/a><\/p>\n<p>On the hourly chart, the price of SHIB has fixed below the support level of $0.00000874. If buyers cannot seize the initiative shortly, the drop may continue to the $0.000008 area soon.<\/p>\n<p><img decoding=\"async\" alt=\"SHIB\/USD chart by Trading View\" data-entity-type=\"file\" data-entity-uuid=\"d55ec5c3-a32e-48b2-89d8-6f571d248a2b\" src=\"https:\/\/u.today\/sites\/default\/files\/inline-images\/shib2_35.png\" \/><\/p>\n<p>Image by <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/SHIBUSD\"><u>TradingView<\/u><\/a><\/p>\n<p>On the daily time frame, the rate of SHIB has tested the mirror level of $0.0000853. If the candle closes near it or below, bears are likely to seize the initiative, which can lead to an ongoing decrease to the next support level of $0.00000758 within the next few days.<\/p>\n<p><img decoding=\"async\" alt=\"SHIB\/USD chart by Trading View\" data-entity-type=\"file\" data-entity-uuid=\"baa47e3f-c848-4634-b468-54b1a6786ee6\" src=\"https:\/\/u.today\/sites\/default\/files\/inline-images\/shib3_40.png\" \/><\/p>\n<p>Image by <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/SHIBUSD\"><u>TradingView<\/u><\/a>\u00a0<\/p>\n<p>From the midterm point of view, traders should focus on the bar&#8217;s closure.<\/p>\n<p>If it happens below yesterday&#8217;s bar low, the decline may lead to the test of the $0.00000750-$0.000008 area by the end of the month.<\/p>\n<p>SHIB is trading at $0.00000855 at press time.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":138774,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-138773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/138773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=138773"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/138773\/revisions"}],"predecessor-version":[{"id":147965,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/138773\/revisions\/147965"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/138774"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=138773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=138773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=138773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}