SHIB Price Analysis for January 20
Analysis
Price Impact
LowDespite a slight 0.38% gain, low trading volume and a lack of buyer initiative suggest weak conviction. the analysis indicates potential for small short-term movements without strong momentum.
Trustworthiness
MedAnalysis is based on technical indicators from coinstats/tradingview, presented by u.today. it offers balanced perspectives but explicitly states it's not financial advice.
Price Direction
NeutralHourly charts suggest a potential bounce to $0.0000080 'by tomorrow' if support holds. however, the daily chart points to a 'high chance of seeing an ongoing correction' towards $0.00000750 due to low volume and buyer reluctance. the overall sentiment is mixed with a lean towards potential correction.
Time Effect
ShortThe analysis on the hourly chart provides a forecast 'by tomorrow,' indicating immediate short-term movements. the daily chart's 'ongoing correction' typically unfolds over a short to medium timeframe.
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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 Buyers are not ready to seize the initiative yet, according to CoinStats . Advertisement SHIB chart by CoinStats SHIB/USD Unlike other coins, the rate of SHIB has gone up by 0.38% over the last 24 hours. Image by TradingView On the hourly chart, the price of SHIB has set a local support at $0.00000779. If the daily bar closes far from that level, traders may expect a bounce off to the $0.0000080 zone by tomorrow. Image by TradingView On the longer time frame, the rate of SHIB has not gone up after yesterday's bullish closure. If the daily candle closes around the current prices or below them, there is a high chance of seeing an ongoing correction to the interim level of $0.00000750. Image by TradingView From the midterm point of view, the price of the meme coin is closer to the support than to the resistance level. You Might Also Like Mon, 01/19/2026 - 16:14 Bitcoin (BTC) Price Analysis for January 19 By Denys Serhiichuk The volume remains low, which means bulls are not ready yet to seize the initiative. SHIB is trading at $0.00000788 at press time. #Shiba Inu (SHIB) Price Prediction