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 Cover image via <a href="https://u.today/">U.Today</a>
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Traders may witness a market bounce off, according to <a href="https://u.today/solana-sol-price-prediction-for-june-26">CoinStats</a>.
<img data-entity-type="file" data-entity-uuid="88eed632-bd94-45fa-872c-ea7aa9b9b430" src="https://u.today/sites/default/files/inline-images/top10_1202.png">SHIB chart by&nbsp;<a href="https://coinstats.app/coins/">CoinStats</a>
<h2 class="text-align-justify" id="shib-usd">SHIB/USD</h2>
The price of SHIB has increased by 0.52% since yesterday.
<img data-entity-type="file" data-entity-uuid="8a38a50d-c2a3-4a7f-a0d8-1f8a22afded0" src="https://u.today/sites/default/files/inline-images/shib1_97.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT">TradingView</a>
On the hourly chart, the rate of SHIB has made a false breakout of the local resistance of $0.00001764. If the daily bar closes far from it, there is a chance to see a correction to the $0.00001720 zone by tomorrow.
<img data-entity-type="file" data-entity-uuid="d2a0c0cc-2837-4d3b-b765-c19ce1ace60b" src="https://u.today/sites/default/files/inline-images/shib2_92.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT">TradingView</a>
On the bigger time frame, the price has once again bounced back from the support level of $0.00001696. It is too early to think about an upward move; however, if the candle closes far from the bottom line, one can expect sideways trading in the range of $0.00001750-$0.000018.
<img data-entity-type="file" data-entity-uuid="1c7cce5a-ab07-4cb3-94ca-9994b5423106" src="https://u.today/sites/default/files/inline-images/%D1%8B%D1%80%D1%88%D0%B83.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT">TradingView</a>
From the midterm point of view, one should pay attention to the weekly bar's closure in terms of the $0.00001696 level.
If it happens far from it, buyers might face a bounce back to the $0.000019 zone.
SHIB is trading at $0.00001737 at press time.

SHIB Price Prediction for June 27

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