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SHIB Price Prediction for January 5
**A More Positive Outlook**
The Shiba Inu (SHIB) price prediction for January 5 presents a contrasting view compared to the previous analysis. From the midterm perspective, the outlook has improved significantly.
**Recent Analysis: Not Meeting Expectations**
We had earlier predicted that SHIB would continue to move downwards, potentially reaching $0.000023. Unfortunately, the market did not cooperate with this prediction, as the price of SHIB surged to the current levels ($0.00002385 at the time of writing).
**Current Market Trend: A Bullish Signal**
As the weekly bar has closed near the resistance of $0.00002408, we are inclined to believe that the upward move might continue towards $0.000026. However, it is essential to remember that this prediction relies on a limited amount of data and should not be considered as a long-term investment advice.
**What’s Next?**
In conclusion, if the weekly bar closes near the resistance of $0.00002408, we will likely see an extension of the upward trend towards the predicted level of $0.000026.
Source: u.today
