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SHIB Price Analysis for July 13

Sun, 13/07/2025 - 14:50
Does rate of SHIB have energy for continued upward move?
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SHIB Price Analysis for July 13
Cover image via U.Today

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All top 10 coins are in the green zone at the end of the week, according to CoinStats.

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SHIB chart by CoinStats

SHIB/USD

The price of SHIB has risen by 1.24% since yesterday.

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Image by TradingView

On the hourly chart, the rate of SHIB has made a false breakout of the $0.00001333 resistance.

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However, if the daily bar closes around it or above, the growth may continue to the $0.00001350 range.

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Image by TradingView

On the daily time frame, the picture is neither bullish nor bearish. The price of the meme coin is in the middle of the narrow channel, which means any sharp moves are unlikely to happen soon.

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Image by TradingView

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.

SHIB is trading at $0.00001330 at press time.

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