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The last day of the week has turned out to be bearish for the crypto market, according to <a href="https://u.today/toncoin-ton-price-prediction-for-october-12" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="a93b96d9-08b2-443f-b683-20cf4ca8a105" src="https://u.today/sites/default/files/inline-images/top10_1413.png">Top coins 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 price of SHIB has fallen by 4.42% since yesterday. <img data-entity-type="file" data-entity-uuid="7aa61496-32f9-430e-a64d-0db4f6fecc55" src="https://u.today/sites/default/files/inline-images/shib1_119.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
Despite today's decline, the rate of SHIB keeps looking bearish on the hourly chart. If bulls cannot restore the price above the resistance of $0.00001752, the correction is likely to continue to the $0.000017 zone. <img data-entity-type="file" data-entity-uuid="4e6f21c2-106a-496b-abb5-7534f7076869" src="https://u.today/sites/default/files/inline-images/shib2_115.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, there are no reversal signals yet. If the situation does not change, traders may witness a test of the $0.00001650 area shortly. <img data-entity-type="file" data-entity-uuid="b32c7d4c-eaa2-4ecd-bc56-40cbb0f9277a" src="https://u.today/sites/default/files/inline-images/shib3_120.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, the rate of SHIB has not accumulated enough energy for a sharp move.
In this case, sideways trading in the range of $0.000016-$0.000019 is the more likely scenario.
SHIB is trading at $0.00001721 at press time.

SHIB Price Prediction for October 13

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