Based on today's classical pivot point (P1) with the value of $0.0₁₀9997, BitShiba has support levels of $0.0₁₀9995, $0.0₁₀9994, and the strongest at $0.0₁₀9992. Similarly, BitShiba resistance levels are at $0.0₁₀9998, $0.0₁₀9999, and $0.0₉1000.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₁₀9995 | |
| S2 | $0.0₁₀9994 | |
| S3 | $0.0₁₀9992 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₁₀9998 | |
| R2 | $0.0₁₀9999 | |
| R3 | $0.0₉1000 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 30.43 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.00 | BUY |
| Commodity Channel Index (20) | -97.95 | NEUTRAL |
| Average Directional Index (14) | 28.88 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | SELL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -100.00 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 11.55 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, BitShiba price was most positively correlated with the price of Decred (DCR), Polkadot (DOT), IOTA (IOTA), Curve DAO Token (CRV) and OKB (OKB) and most negatively correlated with the price of DeXe (DEXE), Sun Token (SUN), Venice Token (VVV), JUST (JST) and TRON (TRX).
| Name | Correlation |
|---|---|
| Decred | 0.898 |
| Polkadot | 0.796 |
| IOTA | 0.782 |
| Curve DAO Token | 0.778 |
| OKB | 0.762 |
| Name | Correlation |
|---|---|
| DeXe | -0.799 |
| Sun Token | -0.799 |
| Venice Token | -0.767 |
| JUST | -0.763 |
| TRON | -0.617 |
BitShiba price is positively correlated with the top 10 coins by market cap with a price of 0.485, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.450.
Currencies that are positively correlated with BitShiba indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with BitShiba, a move in one direction for BitShiba would translate into a move in the opposite direction for the negatively correlated coin.
