Is it Time to Cash Out?

Shiba Inu (SHIB) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has added 1.96% to $0.00001121271228.

InvestorsObserver is giving Shiba Inu a 33 Volatility Rank. Find out what this means to you and get the rest of the rankings on Shiba Inu!

Moderately Volatile

InvestorsObserver gives Shiba Inu a moderate volatility rank of 33, placing it in the bottom 33% of cryptos on the market.

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.

SHIB’s moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Shiba Inu price is trading near resistance. With support set at $0.0000105755570142214 and resistance at $0.0000113132163345148. This positions Shiba Inu with potential selling pressures ahead as it may be getting over extended.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.