SHIB Price Prediction for January 12
2025-01-12
Category: None

Neither buyers nor sellers are dominating at the end of the week, according to CoinStats.CoinStats">
SHIBUSD
The price of SHIB has fallen by 0.34% over the last day.TradingView">
On the hourly chart, the rate of SHIB remains bearish as it is near the local support level of $0.00002158. If a breakout happens, traders may witness a test of the $0.00002150 range shortly.TradingView">
On the bigger time frame, buyers have failed to maintain the rise after yesterday's bullish closure. If the candle closes around the current prices, the energy might be enough for a move to the $0.000021 area.TradingView">
On the weekly chart, the situation is quite similar. In this case, the nearest zone of $0.000020 is essential in terms of further price movement.
If sellers break it, the next zone where a bounce back is possible is $0.000018.
SHIB is trading at $0.00002165 at press time.