SHIB Price Analysis for January 5
Analysis
Price Impact
MedShib has declined by 2.51% in the last day, failing to sustain bullish momentum. there's a potential for further short-term correction to $0.00000850 or sideways trading. however, a midterm breakout above $0.00000918 could lead to a significant move to the $0.000010 range.
Trustworthiness
MedThe analysis is based on technical chart patterns and specific support/resistance levels across different timeframes (hourly, daily, midterm), providing a structured view of potential price movements. while offering specific levels, market conditions can change rapidly.
Price Direction
NeutralCurrently, shib is showing short-term bearish pressure with a decline and a false breakout of local support. this suggests either further correction or sideways movement. however, the midterm outlook points to a potential bullish breakout if a key resistance level is breached, creating a neutral overall sentiment with both downside and upside potential.
Time Effect
ShortThe immediate analysis focuses on daily and hourly chart movements, indicating potential corrections or sideways trading within the next day. a midterm outlook is also provided, but the prevailing sentiment is about near-term price action.
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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 trying to hold the initiative, however, there are some exceptions, according to CoinStats . Advertisement SHIB chart by CoinStats SHIB/USD Unlike other coins, the price of SHIB has declined by 2.51% over the last day. Image by TradingView On the hourly chart, the rate of SHIB has made a false breakout of the local support at $0.00000862. However, if a bounce back does not happen and the daily bar closes near that mark, the correction may continue to the $0.00000850 area. Image by TradingView On the bigger time frame, the price of SHIB has failed to keep rising after yesterday's bullish closure. If the situation does not change by tomorrow, traders are unlikely to see sharp moves. You Might Also Like Sun, 01/04/2026 - 17:43 Ethereum (ETH) Price Analysis for January 4 By Denys Serhiichuk In this case, sideways trading in the range of $0.00000860-$0.000090 is the more likely scenario. Image by TradingView From the midterm point of view, one should focus on the nearest level at $0.00000918. If a breakout happens, the accumulated energy might be enough for a move to the $0.000010 range. SHIB is trading at $0.00000874 at press time. #Shiba Inu (SHIB) Price Prediction