Based on today's classical pivot point (P1) with the value of $0.0₅3073, Shiba Wing has support levels of $0.0₅3000, $0.0₅2903, and the strongest at $0.0₅2830. Similarly, Shiba Wing resistance levels are at $0.0₅3169, $0.0₅3243, and $0.0₅3339.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅3000 | |
| S2 | $0.0₅2903 | |
| S3 | $0.0₅2830 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅3169 | |
| R2 | $0.0₅3243 | |
| R3 | $0.0₅3339 |
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) | 77.18 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 70.49 | NEUTRAL |
| Commodity Channel Index (20) | 158.99 | SELL |
| Average Directional Index (14) | 50.24 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -29.51 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 70.29 | SELL |
| 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 Wing price was most positively correlated with the price of NEAR Protocol (NEAR), Venice Token (VVV), Internet Computer (ICP), Optimism (OP) and Bitget Token (BGB) and most negatively correlated with the price of Canton (CC), Beldex (BDX), Sky (SKY), JUST (JST) and Nexo (NEXO).
| Name | Correlation |
|---|---|
| NEAR Protocol | 0.971 |
| Venice Token | 0.901 |
| Internet Computer | 0.884 |
| Optimism | 0.875 |
| Bitget Token | 0.873 |
| Name | Correlation |
|---|---|
| Canton | -0.438 |
| Beldex | -0.312 |
| Sky | -0.246 |
| JUST | -0.233 |
| Nexo | -0.116 |
Shiba Wing price is positively correlated with the top 10 coins by market cap with a price of 0.528, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.579.
Currencies that are positively correlated with Shiba Wing 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 Wing, a move in one direction for Shiba Wing would translate into a move in the opposite direction for the negatively correlated coin.
