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SHIB Price Prediction for January 7
According to recent market trends and technical analysis, I’m Denys Serhiichuk, a professional trader with over 5 years of experience in the cryptocurrency space. Based on my observations, if the weekly candle closes around $0.00002050 or below it, the correction is likely to continue to the $0.000019 zone.
As of press time, SHIB is trading at $0.00002163, which may indicate a potential reversal in the current bearish momentum. However, I would advise traders to remain cautious and wait for further confirmation before making any significant investment decisions.
In my opinion, it’s essential to consider both fundamental and technical analysis when forming an investment strategy. My predictions are based on a combination of these two approaches, taking into account market sentiment and historical data.
Remember that cryptocurrency trading always involves risk, so I recommend performing your own research prior to making any investment decisions.
Source: u.today
