Based on today's classical pivot point (P1) with the value of $0.0₁₀9989, BitShiba has support levels of $0.0₁₀9986, $0.0₁₀9982, and the strongest at $0.0₁₀9979. Similarly, BitShiba resistance levels are at $0.0₁₀9994, $0.0₁₀9997, and $0.0₉1000.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₁₀9986 | |
| S2 | $0.0₁₀9982 | |
| S3 | $0.0₁₀9979 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₁₀9994 | |
| R2 | $0.0₁₀9997 | |
| R3 | $0.0₉1000 |
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) | 21.45 | BUY |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 79.17 | NEUTRAL |
| Commodity Channel Index (20) | 666.67 | SELL |
| Average Directional Index (14) | 84.10 | SELL |
| Awesome Oscillator (5, 34) | 0.00 | BUY |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -20.83 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 79.17 | 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 Chainlink (LINK), TRON (TRX), Sun Token (SUN), Curve DAO Token (CRV) and Cosmos (ATOM) and most negatively correlated with the price of LEO Token (LEO), Render Token (RENDER), Hedera Hashgraph (HBAR), Uniswap (UNI) and Midnight (NIGHT).
| Name | Correlation |
|---|---|
| Chainlink | 0.668 |
| TRON | 0.639 |
| Sun Token | 0.562 |
| Curve DAO Token | 0.406 |
| Cosmos | 0.395 |
| Name | Correlation |
|---|---|
| LEO Token | -0.718 |
| Render Token | -0.489 |
| Hedera Hashgraph | -0.439 |
| Uniswap | -0.438 |
| Midnight | -0.413 |
BitShiba price is negatively correlated with the top 10 coins by market cap with a price of -0.082, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.013.
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.
