SHIB Price Analysis for February 11
Analysis
Price Impact
MedThe analysis indicates shib has declined by 2.87% and is approaching critical support levels. a break below these supports could lead to significant further declines.
Trustworthiness
MedThe analysis is based on technical indicators and support levels from a known crypto news source (u.today), but market sentiment and external factors can quickly change price action.
Price Direction
BearishThe hourly, longer, and midterm charts all suggest a potential ongoing decline for shib if current support levels at $0.00000576 and $0.00000558 are broken, with a potential fall to the $0.0000050 range.
Time Effect
ShortThe analysis covers immediate short-term predictions ('by the end of the day', 'tomorrow') and extends to mid-term ('until the end of the week', 'by the end of the month'), indicating a persistent bearish outlook in the near future.
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Article Content:
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 middle of the week is under bears' control, according to CoinMarketCap . Advertisement Top coins by CoinMarketCap SHIB/USD The rate of SHIB has declined by 2.87% over the last 24 hours. Image by TradingView On the hourly chart, the price of SHIB is near a local support at $0.00000576. If a bounce back does not occur by the end of the day, one can expect an ongoing decline to the $0.00000560-$0.00000570 range tomorrow. Image by TradingView On the longer time frame, the rate of SHIB is on its way to the nearest support level at $0.00000558. You Might Also Like Tue, 02/10/2026 - 15:54 Solana (SOL) Price Analysis for February 10 By Denys Serhiichuk If its breakout occurs, the fall is likely to continue to the $0.0000050 range until the end of the week. Image by TradingView From the midterm point of view, the situation is similar. If the weekly bar closes around current prices or below, traders can expect a test of the $0.00000507 level by the end of the month. SHIB is trading at $0.00000580 at press time. #Shiba Inu (SHIB) Price Prediction