SHIB’s Price Plummets: A Tragicomedy!

Ah, the market, that fickle lover, descends once more on this final day of the week, as CoinMarketCap, that most reliable of prophets, doth declare.

SHIB/USD

The rate of SHIB, that most capricious of assets, hath plummeted by 2% in the past day, a true testament to its volatility.

On the hourly chart, the price doth fall, having broken through the local support at $0.00000774. Should the situation remain unchanged by day’s end, one may expect a test of the $0.00000760-$0.00000770 range, a cruel jest for the unwary investor.

On the grander scale, the picture remains bleak, with the rate advancing toward the support at $0.00000765, a beacon for the desperate.

Should a breakout transpire, the accumulated energy may suffice for a continued descent into the $0.00000750 zone, a pit of despair for the uninitiated.

On the grander scale, the price of SHIB doth approach the support at $0.00000678. Should the bulls fail to seize the initiative, traders may witness a test of the $0.0000060-$0.0000070 range next month, a fate most grim.

At the time of this writing, SHIB doth trade at $0.00000774, a price both pitiful and profound.

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2026-01-25 13:07