Based on today's classical pivot point (P1) with the value of $0.0₉1010, SHIB 2.0 has support levels of $0.0₁₀9704, $0.0₁₀9506, and the strongest at $0.0₁₀9111. Similarly, SHIB 2.0 resistance levels are at $0.0₉1030, $0.0₉1069, and $0.0₉1089.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₁₀9704 | |
| S2 | $0.0₁₀9506 | |
| S3 | $0.0₁₀9111 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₉1030 | |
| R2 | $0.0₉1069 | |
| R3 | $0.0₉1089 |
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) | 29.17 | BUY |
| Stoch RSI (14) | 45.00 | NEUTRAL |
| Stochastic Fast (14) | 7.25 | BUY |
| Commodity Channel Index (20) | -109.47 | BUY |
| Average Directional Index (14) | 28.90 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | BUY |
| Williams Percent Range (14) | -92.75 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 32.61 | NEUTRAL |
| 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, SHIB 2.0 price was most positively correlated with the price of Render Token (RENDER), Terra Classic (LUNC), JUST (JST), Midnight (NIGHT) and Zebec Network (ZBCN) and most negatively correlated with the price of Solana (SOL), Pudgy Penguins (PENGU), Internet Computer (ICP), Polygon Ecosystem Token (POL) and Aptos (APT).
| Name | Correlation |
|---|---|
| Render Token | 0.373 |
| Terra Classic | 0.313 |
| JUST | 0.312 |
| Midnight | 0.309 |
| Zebec Network | 0.307 |
| Name | Correlation |
|---|---|
| Solana | -0.328 |
| Pudgy Penguins | -0.316 |
| Internet Computer | -0.301 |
| Polygon Ecosystem Token | -0.301 |
| Aptos | -0.298 |
SHIB 2.0 price is negatively correlated with the top 10 coins by market cap with a price of -0.109, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.022.
Currencies that are positively correlated with SHIB 2.0 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 SHIB 2.0, a move in one direction for SHIB 2.0 would translate into a move in the opposite direction for the negatively correlated coin.
