SHIB Price Analysis for November 22
Analysis
Price Impact
MedShib has fallen by 3.32% in the last 24 hours, with technical analysis suggesting a potential further decline to $0.000007 and possibly $0.0000060 if selling pressure continues.
Trustworthiness
MedThe analysis is based on technical chart patterns from a crypto news outlet, but it's an opinion piece. while technical analysis can be insightful, market sentiment and external factors can quickly change trends.
Price Direction
BearishThe analysis indicates a bearish trend, with shib testing a local support of $0.00000756. if this level doesn't hold, further decline to $0.000007, and eventually $0.00000678 or even $0.0000060, is predicted in the midterm.
Time Effect
ShortThe analysis references 'soon' for a test of $0.000007 and 'midterm point of view' for a decline to $0.00000678, suggesting immediate to near-term price movements.
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Article Content:
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News The market keeps going down at the beginning of the weekend, according to CoinStats . Advertisement SHIB chart by CoinStats SHIB/USD The price of SHIB has fallen by 3.32% over the last 24 hours. Image by TradingView On the hourly chart, the rate of SHIB has set a local support of $0.00000756. You Might Also Like Fri, 11/21/2025 - 15:39 DOGE Price Analysis for November 21 By Denys Serhiichuk If the daily bar closes far from that level, bulls may seize the initiative, which may lead to a test of the resistance soon. Image by TradingView On the bigger time frame, there are no reversal signals so far. If the daily bar closes around the current prices or below, the decline may lead to a test of the $0.000007 range soon. Image by TradingView From the midterm point of view, the rate of SHIB is on the way to the support of $0.00000678. If the situation does not change and sellers' pressure continues, there is a chance to see an ongoing decline to the $0.0000060 range. SHIB is trading at $0.00000767 at press time. #Shiba Inu (SHIB) Price Prediction