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Some coins keep rising; however, there are exceptions to the rule, according to <a href="https://u.today/sol-bonk-and-doge-price-analysis-for-december-19" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="426c5f58-f083-461e-9301-08fad83acb91" src="https://u.today/sites/default/files/inline-images/top10_841.png">SHIB chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="shib-usd">SHIB/USD</h2>
The rate of SHIB has fallen by 0.55% over the past 24 hours. <img data-entity-type="file" data-entity-uuid="5cab37c3-2b93-42fe-bc2c-d075fa792e28" src="https://u.today/sites/default/files/inline-images/shib1_54.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSD" rel="noopener noreferrer nofollow">TradingView</a>
Despite today's decline, the price of SHIB is looking bullish on the hourly chart. If the daily bar closes near or above the $0.00001039 level, the upward move may continue to the $0.00001050 area tomorrow. <img data-entity-type="file" data-entity-uuid="73344e87-c253-4a33-a540-ae6cab7e21d2" src="https://u.today/sites/default/files/inline-images/shib2_53.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, the situation is less bullish. The rate of SHIB has not accumulated enough strength for continued growth.
In this case, sideways trading in the range of $0.000010-$0.00001050 is the more likely scenario until the end of the week. <img data-entity-type="file" data-entity-uuid="7f53aec3-be9c-4d39-9d0a-c01ac5f9fd97" src="https://u.today/sites/default/files/inline-images/shib3_59.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSD" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, one should focus on the weekly bar closure. If it happens near the $0.000011 area, traders are likely to see a resistance breakout, followed by a blast to the $0.000012-$0.000013 zone.
SHIB is trading at $0.00001036 at press time.

SHIB Price Analysis for December 20

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