Based on today's classical pivot point (P1) with the value of $0.0₉2045, SHIB 2.0 has support levels of $0.0₉1967, $0.0₉1908, and the strongest at $0.0₉1831. Similarly, SHIB 2.0 resistance levels are at $0.0₉2104, $0.0₉2182, and $0.0₉2241.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₉1967 | |
| S2 | $0.0₉1908 | |
| S3 | $0.0₉1831 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₉2104 | |
| R2 | $0.0₉2182 | |
| R3 | $0.0₉2241 |
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) | 50.83 | NEUTRAL |
| Stoch RSI (14) | 35.26 | NEUTRAL |
| Stochastic Fast (14) | 49.76 | NEUTRAL |
| Commodity Channel Index (20) | -3.30 | NEUTRAL |
| Average Directional Index (14) | 21.33 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -50.24 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 44.90 | 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 Mantle (MNT), Avalanche (AVAX), Ethereum Classic (ETC), Algorand (ALGO) and Morpho (MORPHO) and most negatively correlated with the price of DeXe (DEXE), Worldcoin (WLD), Arbitrum (ARB), Aave (AAVE) and VeChain (VET).
| Name | Correlation |
|---|---|
| Mantle | 0.476 |
| Avalanche | 0.439 |
| Ethereum Classic | 0.415 |
| Algorand | 0.410 |
| Morpho | 0.403 |
| Name | Correlation |
|---|---|
| DeXe | -0.578 |
| Worldcoin | -0.525 |
| Arbitrum | -0.391 |
| Aave | -0.379 |
| VeChain | -0.325 |
SHIB 2.0 price is positively correlated with the top 10 coins by market cap with a price of 0.082, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.062.
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.
