SHIB Price Analysis for January 15

2026-01-15 19:39:53

Source: CryptoNewsNet Original Title: SHIB Price Analysis for January 15 Original Link: Bulls could not hold the initiative, and most of the coins have come back to the red zone.

SHIB/USD

The rate of SHIB has fallen by 3.1% over the last 24 hours.

On the hourly chart, the price of SHIB has made a false breakout of the local support at $0.00000847. If the daily bar closes near that mark or below it, the decline is likely to continue to the $0.00000830-$0.00000840 range tomorrow.

On the longer time frame, one should focus on the nearest level at $0.00000835. If the breakout happens, the accumulated energy might be enough for an ongoing decline to the $0.0000080 area. Such a scenario is relevant for the whole week.

From the midterm point of view, the price of SHIB is in the middle of the channel, between the support at $0.00000678 and the resistance at $0.00001069. As neither bulls nor bears are dominating, traders are unlikely to witness sharp moves soon.

SHIB-4%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.