Based on today's classical pivot point (P1) with the value of $0.0₁₃5905, Shiba 2.0 has support levels of $0.0₁₃5667, $0.0₁₃5204, and the strongest at $0.0₁₃4966. Similarly, Shiba 2.0 resistance levels are at $0.0₁₃6367, $0.0₁₃6605, and $0.0₁₃7068.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₁₃5667 | |
| S2 | $0.0₁₃5204 | |
| S3 | $0.0₁₃4966 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₁₃6367 | |
| R2 | $0.0₁₃6605 | |
| R3 | $0.0₁₃7068 |
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) | 60.87 | NEUTRAL |
| Stoch RSI (14) | 87.49 | SELL |
| Stochastic Fast (14) | 84.95 | SELL |
| Commodity Channel Index (20) | 149.61 | SELL |
| Average Directional Index (14) | 12.41 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -15.05 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 78.05 | 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 2.0 price was most positively correlated with the price of Terra Classic (LUNC), Bittensor (TAO), TRON (TRX), Gnosis (GNO) and Polygon Ecosystem Token (POL) and most negatively correlated with the price of LayerZero (ZRO), Arbitrum (ARB), Cronos (CRO), Midnight (NIGHT) and Stellar (XLM).
| Name | Correlation |
|---|---|
| Terra Classic | 0.808 |
| Bittensor | 0.665 |
| TRON | 0.623 |
| Gnosis | 0.595 |
| Polygon Ecosystem Token | 0.586 |
| Name | Correlation |
|---|---|
| LayerZero | -0.721 |
| Arbitrum | -0.699 |
| Cronos | -0.675 |
| Midnight | -0.665 |
| Stellar | -0.655 |
Shiba 2.0 price is negatively correlated with the top 10 coins by market cap with a price of -0.284, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.186.
Currencies that are positively correlated with Shiba 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 Shiba 2.0, a move in one direction for Shiba 2.0 would translate into a move in the opposite direction for the negatively correlated coin.
