Based on today's classical pivot point (P1) with the value of $0.0₁₀9992, BitShiba has support levels of $0.0₁₀9987, $0.0₁₀9977, and the strongest at $0.0₁₀9971. Similarly, BitShiba resistance levels are at $0.0₉1000, $0.0₉1001, and $0.0₉1002.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₁₀9987 | |
| S2 | $0.0₁₀9977 | |
| S3 | $0.0₁₀9971 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₉1000 | |
| R2 | $0.0₉1001 | |
| R3 | $0.0₉1002 |
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) | 5.24 | BUY |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 96.95 | SELL |
| Commodity Channel Index (20) | -44.29 | NEUTRAL |
| Average Directional Index (14) | 68.24 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -3.05 | SELL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 76.22 | 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, BitShiba price was most positively correlated with the price of DeFi.app (HOME), Worldcoin (WLD), DeXe (DEXE), Beldex (BDX) and Ethena (ENA) and most negatively correlated with the price of LEO Token (LEO), Pump.fun (PUMP), Polygon Ecosystem Token (POL), APENFT (NFT) and Midnight (NIGHT).
| Name | Correlation |
|---|---|
| DeFi.app | 0.325 |
| Worldcoin | 0.223 |
| DeXe | 0.209 |
| Beldex | -0.010 |
| Ethena | -0.036 |
| Name | Correlation |
|---|---|
| LEO Token | -0.818 |
| Pump.fun | -0.764 |
| Polygon Ecosystem Token | -0.761 |
| APENFT | -0.747 |
| Midnight | -0.734 |
BitShiba price is negatively correlated with the top 10 coins by market cap with a price of -0.605, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.540.
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.
