Based on today's classical pivot point (P1) with the value of $0.0₅6158, Shiba Inu has support levels of $0.0₅6031, $0.0₅5947, and the strongest at $0.0₅5821. Similarly, Shiba Inu resistance levels are at $0.0₅6241, $0.0₅6368, and $0.0₅6451.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅6031 | |
| S2 | $0.0₅5947 | |
| S3 | $0.0₅5821 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅6241 | |
| R2 | $0.0₅6368 | |
| R3 | $0.0₅6451 |
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) | 53.48 | NEUTRAL |
| Stoch RSI (14) | 58.63 | NEUTRAL |
| Stochastic Fast (14) | 50.55 | NEUTRAL |
| Commodity Channel Index (20) | 117.25 | SELL |
| Average Directional Index (14) | 20.00 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -49.45 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 46.21 | 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, Shiba Inu price was most positively correlated with the price of Pepe Coin (PEPE), Ethereum Classic (ETC), Cardano (ADA), Dogecoin (DOGE) and Ondo Finance (ONDO) and most negatively correlated with the price of DeXe (DEXE), TRON (TRX), Venice Token (VVV), JUST (JST) and LEO Token (LEO).
| Name | Correlation |
|---|---|
| Pepe Coin | 0.981 |
| Ethereum Classic | 0.969 |
| Cardano | 0.968 |
| Dogecoin | 0.967 |
| Ondo Finance | 0.967 |
| Name | Correlation |
|---|---|
| DeXe | -0.662 |
| TRON | -0.455 |
| Venice Token | -0.240 |
| JUST | -0.202 |
| LEO Token | -0.188 |
Shiba Inu price is positively correlated with the top 10 coins by market cap with a price of 0.784, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.642.
Currencies that are positively correlated with Shiba Inu 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 Inu, a move in one direction for Shiba Inu would translate into a move in the opposite direction for the negatively correlated coin.
