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SHIB Price Prediction for January 11
As we approach the end of January 2025, I’d like to take a closer look at Shiba Inu’s (SHIB) current market situation and provide my expert analysis.
Following yesterday’s bearish movement, SHIB has settled at $0.00002165, down by around 4.3% from its previous high. As a seasoned trader with over five years of experience, I’d like to caution that this trend might be indicative of further losses in the near term.
Based on my chart analysis and taking into account recent market data, there is a possibility that sellers could potentially drive SHIB’s price even lower, down to around $0.000018 or even worse, should they continue to exert their strength.
However, if buyers can regain control and push prices back up, the next logical resistance zone might be around $0.000024-0.000025, which would mark a significant comeback for SHIB’s value.
In conclusion, my SHIB price prediction for January 11 suggests that further losses are possible in the short term, but there is also potential for a rebound if buyers gain traction.
Source: u.today
