![SHIB Price Prediction for July 13](https://u.today/sites/default/files/styles/736x/public/2024-07/50318.jpg)
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Buyers are back in the game, according to CoinStats.
![Article image](/sites/default/files/inline-images/top10_1233.png)
SHIB/USD
The price of SHIB has risen by 4.57% over the last day.
![Article image](/sites/default/files/inline-images/shib1_101.png)
On the hourly chart, the rate of SHIB is in the middle of the local channel. However, if the daily bar closes near the resistance, there is a chance of a breakout, followed by a move to the $0.00001760 zone.
![Article image](/sites/default/files/inline-images/shib2_96.png)
On the bigger time frame, one should pay attention to the candle closure in terms of the level of $0.00001710.
If it happens near it and with no long wick, the accumulated strength might be enough for a rise to the $0.000018 range.
![Article image](/sites/default/files/inline-images/shib3_100.png)
On the weekly chart, a fast reversal is unlikely, even though the bar might close in the bullish zone. Meanwhile, sideways trading in the area of $0.000016-$0.000018 is the more likely scenario.
SHIB is trading at $0.00001689 at press time.