SHIB Price Analysis for December 28
Analysis
Price Impact
MedShib has seen a 2.27% increase and is testing local resistance. a successful breakout could lead to further upward movement, suggesting a moderate positive impact on its price.
Trustworthiness
MedThe analysis is based on technical chart patterns (resistance, support, candle wicks) and provided by u.today, offering a structured perspective. however, it's a single analyst's view without broader market sentiment or fundamental news factors.
Price Direction
BullishShib has risen by 2.27% and is approaching local resistance at $0.00000741. a breakout could push the price to $0.00000750. a close above $0.00000740 with a high wick might lead to a test of the $0.00000770 zone over the next few days. furthermore, a false breakout of the midterm support at $0.000007 suggests a potential bounce back to the $0.000008 range.
Time Effect
ShortThe analysis focuses on immediate price movements, resistance tests, and potential developments 'over the next few days', indicating a short-term outlook.
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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 end of the week has turned out to be bullish for most of the cryptocurrencies, according to CoinStats . Advertisement SHIB chart by CoinStats SHIB/USD The price of SHIB has gone up by 2.27% since yesterday. Image by TradingView On the hourly chart, the rate of SHIB is on the way to the local resistance of $0.00000741. If buyers can hold the gained initiative, the breakout may lead to a further upward move to the $0.00000750 area. Image by TradingView On the bigger time frame, the price of SHIB is far from the main levels. In this case, traders should focus on yesterday's candle high. You Might Also Like Sat, 12/27/2025 - 18:15 Cardano (ADA) Price Analysis for December 27 By Denys Serhiichuk If closure happens above $0.00000740 and with a high wick, the growth may lead to a test of the $0.00000770 zone over the next few days. Image by TradingView From the midterm point of view, the rate of the meme coin has made a false breakout of the formed support at $0.000007. If the weekly bar closes far from that mark, traders may see a bounce back to the $0.000008 range. SHIB is trading at $0.00000736 at press time. #Shiba Inu (SHIB) Price Prediction