SHIB Price Prediction for January 14
2025-01-14
Category: None

Most of the coins are back in the green zone today, according to CoinStats.CoinStats">
SHIBUSD
The price of SHIB has increased by 4.47% since yesterday.TradingView">
On the hourly chart, the rate is in the middle of a narrow channel, between the support of $0.00002110 and the resistance of $0.00002169. As most of the daily ATR has been passed, there are low chances to expect sharp moves soon.TradingView">
On the longer time frame, the situation is neither bullish nor bearish as the price of the meme coin is within yesterday's candle. 
In this case, ongoing consolidation in the area of $0.000021-$0.000022 is the most likely scenario.TradingView">
From the midterm point of view, one should wait until the weekly candle closes. If it happens around current prices, there are low chances of seeing sharp ups or downs.
SHIB is trading at $0.00002148 at press time.