SHIB Price Prediction for January 17
2025-01-17
Category: None

The prices of the majority of the coins keep growing, according to CoinStats.CoinStats">
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The rate of SHIB has gone up by 6.82% since yesterday.TradingView">
On the hourly chart, one should focus on the daily bar closure in terms of the local resistance of $0.00002463. If it happens around that mark, the accumulated energy might be enough for a move to the $0.000025 area.TradingView">
On the bigger time frame, the rate of SHIB has once again tested the resistance of $0.00002464. 
If the bar closes not far from that mark or even above, one may witness a level breakout, followed by a test of the $0.000025-$0.000026 range soon.TradingView">
From the midterm point of view, it is too early to make any distant predictions. However, if the weekly candle closes around the current prices, there is a chance to see an ongoing upward move.
SHIB is trading at $0.00002420 at press time.