SHIB’s Wild Ride: Up 1.24% and Counting! 🚀

Well, well, well, what do we have here? According to CoinStats, all the top 10 coins are basking in the green glow at the end of the week. 🌿

SHIB/USD

SHIB, the little meme coin that could, has managed to rise by 1.24% since yesterday. Not bad for a coin that’s basically a digital puppy. 🐶

On the hourly chart, SHIB has made a false breakout of the $0.00001333 resistance. It’s like it tried to jump over a fence but only managed to knock over a potted plant. 🌱

However, if the daily bar closes around it or above, the growth may continue to the $0.00001350 range. Fingers crossed, and maybe a little prayer to the crypto gods. 🙏

On the daily time frame, the picture is neither bullish nor bearish. The price of the meme coin is in the middle of a narrow channel, which means any sharp moves are unlikely to happen soon. It’s like SHIB is taking a nap in the middle of the road. 😴

From the midterm point of view, the situation is more positive for buyers. If the rate fixes above the resistance of $0.00001344, traders may witness a test of the $0.000015 zone by the end of the month. It’s like SHIB is finally getting its act together and deciding to show up to the party. 🎉

SHIB is trading at $0.00001330 at press time. So, if you’re thinking of buying, maybe now’s the time to throw a few bones at this digital pup. 🍔

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2025-07-13 18:05