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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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Coins keep setting new local lows, according to <a href="https://u.today/ton-and-not-price-prediction-for-june-23" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="552dd88b-5a52-4f83-9ed5-6d3f49488b68" src="https://u.today/sites/default/files/inline-images/top10_1198.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>
SHIB is no exception to the rule, going down by 5.44%. <img data-entity-type="file" data-entity-uuid="813d2432-6e18-43f8-ab33-e08bebd59931" src="https://u.today/sites/default/files/inline-images/shib1_96.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
Despite today's fall, the price of SHIB is looking bearish on the local time frame. If the rate gets back to the support of $0.00001635, the accumulated energy might be enough for a breakout, followed by a move to the $0.000016 range. <img data-entity-type="file" data-entity-uuid="8bfa24b6-ba1a-4e76-ac67-1d4b892df95a" src="https://u.today/sites/default/files/inline-images/shib2_91.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily chart, one should pay attention to the bar's closure in terms of the interim support level of $0.00001696.
If the candle closes below it, the correction is likely to continue to $0.00001519. <img data-entity-type="file" data-entity-uuid="45138e07-fbcb-4300-831e-522f47561e13" src="https://u.today/sites/default/files/inline-images/shib3_97.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, the price of SHIB is far from the main levels. However, if the bar closes below the last candle low, one can expect a test of the $0.000015 range within the next few weeks.
SHIB is trading at $0.00001680 at press time.

SHIB Price Prediction for June 24

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