SHIB Price Takes a Tiny Leap-But Is It Enough to Save the Day?

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Well, well, well, look who’s bucking the trend today! According to CoinStats, the majority of coins are stuck in the red zone, like a sad, deflated balloon. But not SHIB! It’s like the plucky underdog at a race where all the other competitors are still in bed. 🎉

SHIB/USD

Unlike its sluggish coin cousins, SHIB has managed to crawl up by a whopping 1% since yesterday. Yes, that’s right, a whole 1%! It’s like finding an extra fry in your fast-food bag. 🍟

Looking at the hourly chart, SHIB is flirting with the local resistance at $0.00000884. It’s like a cat trying to jump onto a windowsill but realizing halfway through that it’s not as graceful as it thought. 😹 But since most of the daily ATR has already been passed, don’t expect any wild swings by tomorrow. It’s kind of like waiting for a bus in a sleepy town-there’s a chance you’ll just sit there until your bones are creaky.

On the longer time frame, SHIB is still trying to shake off the bearish vibes. It hasn’t exactly bounced back from the support level of $0.00000837. Imagine trying to climb out of a pit of mud-slow progress, with a lot of slipping. If the buyers don’t step up, we might see a little “oopsie” moment, breaking through that level and tumbling down to the $0.0000080 zone. 🏃‍♂️💨

But wait, there’s hope! From a midterm perspective, SHIB managed to bounce off that $0.00000837 support like someone who just woke up from a nap and realized it’s their birthday. If the weekly candle closes in a favorable spot, we could see a small rise back to the $0.0000090 area. It’s like watching a movie with a plot twist that you didn’t see coming. 🎬

As of now, SHIB is trading at $0.00000871. And that, dear reader, is where we stand-on the edge of glory, or possibly in a pit of despair. But, hey, it’s crypto. Anything can happen!

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2025-11-20 19:14