SHIB Price Predictions for July 22
SHIB/USD
The SHIB rate has decreased by 6% over the past 24 hours.
On the hourly chart, the SHIB price is testing the support level of $0.00001480. If the daily bar closes at this level, traders may witness a decline to the $0.000014 area.
On the longer time frame, the situation is similar. In the event of a breakout at the $0.00001479 level, traders expect a continued decline to the range of $0.00001350-$0.000014.
From a mid-term perspective, the SHIB price has bounced off the resistance level of $0.00001584.
If the weekly bar closes around the current prices or lower, there is a chance to see a test of the support at $0.00001362.
SHIB is trading at a price of $0.00001514 at the time