Based on today's classical pivot point (P1) with the value of $0.0₅6301, Shiba Inu has support levels of $0.0₅6206, $0.0₅6141, and the strongest at $0.0₅6047. Similarly, Shiba Inu resistance levels are at $0.0₅6366, $0.0₅6461, and $0.0₅6526.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅6206 | |
| S2 | $0.0₅6141 | |
| S3 | $0.0₅6047 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅6366 | |
| R2 | $0.0₅6461 | |
| R3 | $0.0₅6526 |
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) | 57.85 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 58.61 | NEUTRAL |
| Commodity Channel Index (20) | 107.59 | SELL |
| Average Directional Index (14) | 25.89 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -41.39 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 37.09 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Shiba Inu price was most positively correlated with the price of Aptos (APT), Pepe Coin (PEPE), Curve DAO Token (CRV), Dogecoin (DOGE) and Bitget Token (BGB) and most negatively correlated with the price of DeXe (DEXE), World Liberty Financial (WLFI), Sky (SKY), Decred (DCR) and Chiliz (CHZ).
| Name | Correlation |
|---|---|
| Aptos | 0.839 |
| Pepe Coin | 0.836 |
| Curve DAO Token | 0.817 |
| Dogecoin | 0.808 |
| Bitget Token | 0.745 |
| Name | Correlation |
|---|---|
| DeXe | -0.698 |
| World Liberty Financial | -0.584 |
| Sky | -0.554 |
| Decred | -0.526 |
| Chiliz | -0.522 |
Shiba Inu price is positively correlated with the top 10 coins by market cap with a price of 0.062, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.035.
Currencies that are positively correlated with Shiba Inu 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 Shiba Inu, a move in one direction for Shiba Inu would translate into a move in the opposite direction for the negatively correlated coin.
