What’s Next for This Bearish Rated Crypto?

What’s Next for This Bearish Rated Crypto?

Shiba Inu (SHIB) gets a bearish rating from InvestorsObserver Thursday. The crypto is down 0.32% to $0.000009929310815 while the broader crypto market is up 0.96%.

Sentiment Score - ,
Shiba Inu has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Shiba Inu!

Bearish

Over the last five days, Shiba Inu has earned a Bearish 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 low of $0.00000980922322924016. The crypto is 4.14% off its five-day high and is 1.22% higher than its five-day low of $0.00000980922322924016.

Shiba Inu price is well positioned between support and resistance. With support set around $0.00000980521998432303 and resistance at $0.0000101514264185105, has some room to run before facing resistance.

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.

Click here to unlock the rest of the report on Shiba Inu

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