Based on today's classical pivot point (P1) with the value of $0.0₅6899, Shib Generating has support levels of $0.0₅6818, $0.0₅6678, and the strongest at $0.0₅6596. Similarly, Shib Generating resistance levels are at $0.0₅7040, $0.0₅7121, and $0.0₅7262.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅6818 | |
| S2 | $0.0₅6678 | |
| S3 | $0.0₅6596 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅7040 | |
| R2 | $0.0₅7121 | |
| R3 | $0.0₅7262 |
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) | 56.00 | NEUTRAL |
| Stoch RSI (14) | 49.41 | NEUTRAL |
| Stochastic Fast (14) | 55.60 | NEUTRAL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 18.81 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -44.40 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 58.72 | 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, Shib Generating price was most positively correlated with the price of Official Trump (TRUMP), Bittensor (TAO), Render Token (RENDER), Algorand (ALGO) and Tezos (XTZ) and most negatively correlated with the price of Decred (DCR), Telcoin (TEL), Flare (FLR), Polkadot (DOT) and Morpho (MORPHO).
| Name | Correlation |
|---|---|
| Official Trump | 0.963 |
| Bittensor | 0.858 |
| Render Token | 0.842 |
| Algorand | 0.840 |
| Tezos | 0.826 |
| Name | Correlation |
|---|---|
| Decred | -0.711 |
| Telcoin | -0.687 |
| Flare | -0.604 |
| Polkadot | -0.584 |
| Morpho | -0.581 |
Shib Generating price is positively correlated with the top 10 coins by market cap with a price of 0.396, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.325.
Currencies that are positively correlated with Shib Generating 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 Generating, a move in one direction for Shib Generating would translate into a move in the opposite direction for the negatively correlated coin.
