The analysis suggests neither bulls nor bears are dominating, leading to expected sideways trading. the price is far from main levels, indicating a lack of significant immediate movement.
The analysis is based on technical chart observations but is presented as an opinion piece with standard financial disclaimers. while chart analysis offers a structured view, the subjective interpretation and disclaimer lower the absolute trustworthiness slightly.
The current market shows no clear dominance from either buyers or sellers. the price is anticipated to continue sideways trading, with no sharp ups or downs expected in the near term.
The sideways trading is expected 'over the next few days' and potentially 'until mid-december', indicating a short to medium-term lack of significant directional movement.
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 week is ending bullish for most of the cryptocurrencies, according to CoinStats . Advertisement SHIB chart by CoinStats SHIB/USD The price of SHIB has gone up by 1.58% over the last 24 hours. Image by TradingView On the hourly chart, the rate of SHIB has set a local resistance of $0.00000863. If the daily bar closes near that mark or above, the upward move is likely to continue to the $0.00000870 range. Image by TradingView On the bigger time frame, neither bulls nor bears are dominating. You Might Also Like Sat, 11/29/2025 - 16:25 Zcash (ZEC) Price Analysis for November 29 By Denys Serhiichuk The price of SHIB is far from the main levels, which means ongoing sideways trading is the more likely scenario over the next few days. Image by TradingView From the midterm point of view, the situation is similar. Neither side is controlling the situation on the market. In this case, traders are unlikely to see sharp ups or downs until mid-December. SHIB is trading at $0.00000857 at press time. #Shiba Inu (SHIB) Price Prediction