SHIB Price Prediction for July 8
2025-07-08 15:30:55
Main Idea
The SHIB price prediction for July 8 suggests potential sideways trading with low volatility, as the price struggles to break resistance levels amid declining trading volume.
Key Points
1. SHIB's price increased by 1.33% over the past day but is declining on the hourly chart after a false breakout of the $0.00001188 resistance level.
2. If selling pressure continues, SHIB may test the $0.0000116-$0.00001170 range by the next day.
3. The trading volume is falling, indicating a lack of significant buyer or seller activity.
4. Mid-term analysis suggests sideways trading in the $0.00001150-$0.000012 range is likely.
5. At press time, SHIB was trading at $0.00001180.
Description
Has price of SHIB accumulated enough strength to blast?
$SHIB
$0.000011820
+2.46%
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