SHIB Price Analysis for January 2
Analysis
Price Impact
MedShib has increased by almost 10% in 24 hours and shows potential to test higher resistance levels. while significant, it's not a market-altering event.
Trustworthiness
MedAnalysis is based on technical chart patterns (hourly, daily, weekly) and specific price levels. while technical analysis can be reliable, market sentiment can shift quickly.
Price Direction
BullishThe analysis indicates a false breakout of local resistance but suggests if buyers hold momentum, a test of $0.0000080 is possible. on a larger timeframe, a close above $0.00000766 could lead to $0.0000080, and a bounce off $0.00000678 hints at growth towards $0.0000080-$0.0000090.
Time Effect
ShortImmediate targets like $0.0000080 are expected 'soon', while the broader $0.0000080-$0.0000090 range is anticipated 'by mid-january'.
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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 Most of the cryptocurrencies have returned to the green zone, according to CoinStats . Advertisement SHIB chart by CoinStats SHIB/USD The price of SHIB has increased by almost 10% over the last 24 hours. Image by TradingView On the hourly chart, the rate of SHIB has made a false breakout of the local resistance at $0.00000779. You Might Also Like Thu, 01/01/2026 - 15:04 XRP Price Analysis for January 1 By Denys Serhiichuk However, if buyers can hold the gained initiative and the daily candle closes near that mark or above, there is a chance to see a test of the $0.0000080 zone soon. Image by TradingView On the bigger time frame, traders should focus on the nearest level of $0.00000766. If the candle closes with a short wick and above that mark, the energy might be enough for a further upward move to $0.0000080. Image by TradingView From the midterm point of view, the price of SHIB has once again bounced off the support at $0.00000678. If the weekly bar closes far from that mark, there is a possibility to witness growth to the $0.0000080-$0.0000090 range by mid-January. SHIB is trading at $0.00000779 at press time. #Shiba Inu (SHIB) Price Prediction