How Does it Rank Sunday on Long-Term Trading Metrics?

InvestorsObserver gives Shiba Inu a strong long-term technical score of 87 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders.

SHIB at this time has a superior long-term technical analysis score than 87% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.

InvestorsObserver is giving Shiba Inu a 87 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Shiba Inu!

Trading Analysis

The current trading price of $0.000012814 for SHIB is $0.0000015 (13.01%) above the tokens 100-day moving average of $0.000011338. SHIB meanwhile is $0.0000077 (-213178046.22%) above its 52-week low of $0.000005160 and -$0.00007564 (-11305704.25%) under its 52-week high price of $0.000088451. Shiba Inu’s current price relative to the tokens long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 87. The price movement and range of SHIB suggest that investors are neutral on the token at this time.

Shiba Inu has a total market value of $7,035,457,002.17 with an high average daily volume of $3,725,612,174.44 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, SHIB’s volume is below its average with $535,933,906.19 exchanged in total.

Summary

Trading patterns over the last year for Shiba Inu leads to the token’s a strong long-term technical score of 87 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token.

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