Based on today's classical pivot point (P1) with the value of $0.0₉1977, SHIB 2.0 has support levels of $0.0₉1767, $0.0₉1613, and the strongest at $0.0₉1403. Similarly, SHIB 2.0 resistance levels are at $0.0₉2131, $0.0₉2342, and $0.0₉2495.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₉1767 | |
| S2 | $0.0₉1613 | |
| S3 | $0.0₉1403 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₉2131 | |
| R2 | $0.0₉2342 | |
| R3 | $0.0₉2495 |
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) | 45.65 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 23.79 | NEUTRAL |
| Commodity Channel Index (20) | -46.25 | NEUTRAL |
| Average Directional Index (14) | 23.04 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -76.21 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 42.26 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| 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 Telcoin (TEL), LayerZero (ZRO), Beldex (BDX), Tezos (XTZ) and Immutable X (IMX) and most negatively correlated with the price of Sky (SKY), Zcash (ZEC), Arbitrum (ARB), Ethereum (ETH) and Aave (AAVE).
| Name | Correlation |
|---|---|
| Telcoin | 0.425 |
| LayerZero | 0.313 |
| Beldex | 0.312 |
| Tezos | 0.249 |
| Immutable X | 0.240 |
| Name | Correlation |
|---|---|
| Sky | -0.480 |
| Zcash | -0.476 |
| Arbitrum | -0.457 |
| Ethereum | -0.446 |
| Aave | -0.434 |
SHIB 2.0 price is negatively correlated with the top 10 coins by market cap with a price of -0.155, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.123.
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.
