💥 Unleash the Shiba Inu: Price Predictions for July 16th 🐕

🌟 The crypto market is back in action, and our furry friend SHIB is leading the pack! According to CoinStats, the rate of SHIB has skyrocketed by 7.15% in just 24 hours! 🚀

SHIB/USD: The Hourly Resistance is Near! 📈

On the hourly chart, the price of SHIB is flirting with the formed resistance of $0.00001406. The volume is rising, which means traders may witness an ongoing upward move to the $0.00001450 zone. 📈

On the longer time frame, the rate of the SHIB is testing the $0.00001397 level again. 📉 If the candle closes near that mark and with no long wick, one can expect a breakout, followed by a blast to the $0.000015 range. 💥

From the midterm point of view, traders should pay attention to the weekly bar closure in terms of the $0.00001362 level. If it breaks out, the accumulated energy might be enough for a move to the $0.000015-$0.000016 area. 📈

At the time of writing, SHIB is trading at $0.00001388. 💸 Will it reach the moon? Only time will tell! 🌕

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2025-07-16 17:12