Shiba Inu (SHIB) gets a bullish rating from InvestorsObserver Friday. The token is up 8.78% to $0.00001071466837 while the broader crypto market is up 4.16%.
Bullish
Over the last five days, Shiba Inu has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Shiba Inu over the past five days by volume and price movement.
The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Price Levels
Shiba Inu is currently trading near its five-day high of $0.0000118187972475425. The token is 9.34% off its five-day high and is 48.87% higher than its five-day low of $0.00000719727177056484.
Shiba Inu price is currently above resistance. With support set around $0.00000955100595995695 and resistance at $0.0000102569821228195, Shiba Inu is potentially in a volatile position if the rally burns out.
Shiba Inu has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.
What is a token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
Due to a lack of data, this crypto may be less suitable for some investors.
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