How Does the Chart Look Saturday?

Shiba Inu receives a strong long-term technical score of 88 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.

SHIB currently holds a superior long-term technical analysis score than 88% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.

InvestorsObserver is giving Shiba Inu a 88 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 $0.000011267 for SHIB is -$0.0000004 (-3.10%) below the tokens 100-day moving average of $0.000011627. SHIB meanwhile is $0.0000045 (-163012215.35%) above its 52-week low of $0.000006748 and -$0.00007718 (-11305706.00%) 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 88. The price movement and range of SHIB suggest that investors are neutral on the token at this time.

Shiba Inu currently has a total market cap of $6,186,223,394.93 to go along with its average daily volume of $3,012,345,574.14 worth of the currency over the past seven days. SHIB’s volume is below its seven day average as of the past 24 hours, with 707,367,130.06 exchanged in that period.

Summary

SHIB’s historical trading over the past year gives it a a strong long-term technical score of 88 as its price movement in that time has given investors reason to be neutral on the token in the long-term.

Click Here to get the full Report on Shiba Inu (SHIB).