SHIB Price Prediction for January 5
Sellers are not giving up so easily on the last day of the week, according to CoinStats.CoinStats">The rate of SHIB has fallen by 2.07% since yesterday.TradingView">On the hourly chart, the price of SHIB has broken the local support level. If bulls cannot seize the initiative by the end of the day, the drop may lead to a test of the $0.00002360 zone soon.TradingView">On the bigger time frame, one should pay attention to yesterday's bar low.If the daily closure happens around that area, traders may witness an ongoing correction to the $0.000023 range.TradingView">From the midterm point of view, the picture is more positive. If the weekly bar closes near the resistance of $0.00002408, the upward move may continue to the $0.000026 mark.SHIB is trading at $0.00002385 at press time.