# Shiba Inu (SHIB) Cost Forecast for March 6
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Per CoinStats, the majority of digital currencies are seeing cost rises, even though some are displaying diverse patterns.
## SHIB/USD Examination and Evaluation
Since the prior day, the cost of Shiba Inu (SHIB) has grown by 2%.
Examining the hourly chart, SHIB’s cost has created initial backing at $0.00001326. Should the daily concluding cost be able to stay above this point, it’s predicted that the higher resistance point will be examined in the upcoming trading session.
Viewing a more extended timeframe, the cost of this meme digital coin has proceeded with the upward tendency from the prior day. However, the conclusion of its peak cost still needs careful consideration.
If a comparatively extended upper shadow becomes visible, traders might foresee a cost decrease returning to the $0.00001231 point.
On the weekly chart, SHIB’s cost has once more bounced back from the backing point of $0.00001231. Nevertheless, should a downward breach happen, the cost is probable to additionally fall and examine the cost scope of $0.000011.
At the time of this writing, SHIB is being traded at $0.00001352. Toncoin (TON) Value Forecast for March 26th
