Shiba-Inu (SHIBUSD) Price Forecast: December 3
Shiba-Inu price is in a position for a bullish continuation pattern as the coin is an ascending channel making higher highs and higher lows at the moment. The coin might swing up and break its current supply level at $0.000032 if bearish pressure is restricted. The bullish correction phase might extend to meet the resistance at the $0.000040 upper trend line, reflecting promising growth.
Key Levels:
Resistance Levels: $0.000032, $0.000033, $0.000034
Support Levels: $0.000015, $0.000014, $0.000013
SHIB (USD) Long-term Trend: Bullish (Daily Chart)
SHIBUSD depicts a beautiful bullish continuation pattern as it indicates an upward trend with a bullish sentiment in its long-term perspective. The coin is trading above the EMA-50, implying the coin market is in a bullish trend. 
The bulls’ pressure on the coin to the $0.000027 supply value in the past session has sustained the coin price above the resistance trend levels in its recent high.
Today, the Shiba-Inu price action depicts a beautiful bullish continuation pattern at the $0.000032 high mark above the EMA-50 on the daily chart that promises a 30% break out if market conditions remain favorable. Therefore, if the bulls could increase their tension in the market, the token price will move above the key levels.
Meanwhile, further upsides are likely as the price signal is pointing upward, implying that the coin market has the potential for bullish continuation and may surge to hit the $0.000040 upper resistance value in the coming days in the long-term outlook.
SHIB (USD) Medium-term Trend: Bullish (4H Chart)
It’s nice to see a strong buying reaction from the Shiba-Inu price with a bullish continuation pattern in its medium-term outlook. The price bar can be seen above the EMA-50 approaching the overhead resistance line, denoting a bullish trend.
The bullish reversal at the $0.000030 high value in the previous action has sustained the crypto above the trend line in its recent high.
The SHIBUSD market indicates a bullish continuation pattern as it rises to a $0.000032 resistance level above the EMA-50 shortly after the commencement of the 4-hourly chart today, indicating a significant upward trend and potential bullish continuation pattern.
Further, with strong buying pressure and positive market sentiment, the crypto has the potential for bullish continuation and this might surge to surpass the $0.000032 current supply level and attract more investors.
Hence, the SHIBUSD pair pointing up on the daily stochastic suggests that the crypto has the potential for bullish continuation and suggests a possible recovery of the $0.000040 supply level in the coming days in the medium-term time frame.
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