CandleFocus

SHIB Price Prediction for December 17

The price of SHIB has increased by 2.51% since yesterday, with the possibility of breaking the local resistance of $0.00002736 on the hourly chart, leading to potential growth and testing of the $0.00002780 area. However, on the daily time frame, more time is needed for SHIB to accumulate energy for a further move, suggesting that consolidation in the $0.00002650-$0.000028 range is likely in the next few days. From a midterm perspective, important levels have not been reached yet, indicating that significant price movements may not occur before the end of the month. At the time of writing, SHIB is trading at $0.00002728.

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