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SHIB Price Prediction for December 26
As we enter the final stretch of the year, cryptocurrency market participants are eagerly waiting to see if SHIB can bounce back from a recent decline. Unfortunately, it appears that the current bearish trend may continue in the short term.
Currently, SHIB is trading at $0.00002169. If bulls fail to take control soon, we could potentially see a test of the $0.00002012 level. This would be a significant drop, and traders should be prepared for a potential further decline down to the $0.000018 range.
From a midterm perspective, the weekly chart is currently bearish. However, there are still a few days left in the week, and if market conditions change significantly, we may see a reversal. For now, it appears that the downward trend will continue unless some unexpected event occurs to boost sentiment.
It’s essential for traders to keep an eye on this situation closely, as the next few days could be crucial in determining the near-term direction of SHIB.
Source: u.today
