SHIB Price Analysis for December 30
Analysis
Price Impact
MedShib is experiencing a notable decline, currently below its recent performance, with potential to break key support levels, leading to further price depreciation.
Trustworthiness
MedAnalysis is based on technical charting (tradingview) and published by u.today, a known crypto news outlet. however, it's an opinion piece and not financial advice.
Price Direction
BearishShib is falling, closer to its support levels. on the hourly chart, it's heading towards $0.00000713, with a potential test of $0.000007. a break below $0.000007 could lead to a move towards $0.00000650, and midterm analysis points to a test of $0.00000678.
Time Effect
ShortThe analysis suggests immediate movement towards local support within the day/tomorrow, with potential further drops unfolding over the 'next few weeks' if immediate support fails.
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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 Bulls are controlling the initiative at the end of the year, according to CoinMarketCap . Advertisement Top coins by CoinMarketCap SHIB/USD SHIB is an exception to the rule, falling by 2.46% over the last day. Image by TradingView On the hourly chart, the rate of SHIB is on its way to the local support at $0.00000713. If the situation does not change by the end of the day, traders may expect a test of the $0.0000070 area tomorrow. Image by TradingView On the longer time frame, the picture is rather more bearish than bullish. The price of the meme coin is closer to the support than to the resistance, which means bears are more powerful than bulls. You Might Also Like Mon, 12/29/2025 - 15:58 NIGHT Price Analysis for December 29 By Denys Serhiichuk If a breakout of the $0.000007 level occurs, the accumulated energy might be enough for a move to the $0.00000650 range. Image by TradingView From the midterm point of view, buyers have failed to keep growing after the previous bullish bar closure. In this case, traders may see a test of the nearest support at $0.00000678 over the next few weeks. SHIB is trading at $0.00000717 at press time. #Shiba Inu (SHIB) Price Prediction