SHIB’s Wild Ride: Will It Soar or Sink? 🚀

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Most coins remain in the green zone on the first day of the weekend, according to CoinStats. 📈 Gents and ladies, it’s a fine day for the bulls, though I reckon the bears are still nursing their egos after a long week of being outmaneuvered. 🐻‍❄️

SHIB/USD

The price of SHIB has gone up by 0.50% over the last 24 hours. A mere whisper in the grand scheme of things, but enough to make the crypto crowd cheer like they’ve just won the lottery. 🎉

On the hourly chart, the rate of SHIB has set a local support of $0.00001009. If bulls can hold the gained initiative and the daily bar closes above $0.000010, the growth may continue to the resistance of $0.00001026 by tomorrow. 📉📈 Should the bears try to pounce, they’ll find themselves in for a rather unflattering surprise.

On the bigger time frame, one should focus on the daily bar closure in terms of the $0.00001053 resistance. If a breakout happens, the upward move may lead to a test of the $0.000011 mark soon. Aye, but let’s not get ahead of ourselves-this is crypto, where hope is a currency and reality is a foreign language. 🤷‍♂️

From the midterm point of view, the picture is less bullish. The weekly bar, if it closes around the current prices or below, might send SHIB into a correction so fierce, it’ll make your grandmother’s knitting needles look like a gentle breeze. 🧶

SHIB is trading at $0.00001014 at press time. A number so small, it’s practically a secret handshake among the elite. 🤫

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2025-10-25 19:55