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SHIB Price Prediction for June 17
The price of Shiba Inu (SHIB) has declined by a staggering 2.74% since yesterday. According to the hourly chart, the token is trending towards the resistance level of $0.00001163. If bulls fail to seize control, we may witness a level breakout followed by a potential move to the $0.00001150 zone.
From a midterm perspective, SHIB’s price continues its downward correction after a false break of the $0.00001344 resistance. At the time of writing, SHIB is trading at $0.00001175.
In this article, we’ll explore the possibility of an ongoing correction to the $0.000011 zone until the end of the month.
Source: u.today
