Based on today's classical pivot point (P1) with the value of $0.0₅3410, Shibacoin has support levels of $0.0₅3261, $0.0₅2990, and the strongest at $0.0₅2842. Similarly, Shibacoin resistance levels are at $0.0₅3681, $0.0₅3829, and $0.0₅4100.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅3261 | |
| S2 | $0.0₅2990 | |
| S3 | $0.0₅2842 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅3681 | |
| R2 | $0.0₅3829 | |
| R3 | $0.0₅4100 |
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) | 75.76 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 95.44 | SELL |
| Commodity Channel Index (20) | 262.40 | SELL |
| Average Directional Index (14) | 21.62 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -4.56 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 64.21 | 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, Shibacoin price was most positively correlated with the price of Pump.fun (PUMP), Stacks (STX), Uniswap (UNI), LayerZero (ZRO) and Aave (AAVE) and most negatively correlated with the price of JUST (JST), World Liberty Financial (WLFI), APENFT (NFT), Beldex (BDX) and Sun Token (SUN).
| Name | Correlation |
|---|---|
| Pump.fun | 0.931 |
| Stacks | 0.909 |
| Uniswap | 0.905 |
| LayerZero | 0.904 |
| Aave | 0.893 |
| Name | Correlation |
|---|---|
| JUST | -0.665 |
| World Liberty Financial | -0.356 |
| APENFT | -0.334 |
| Beldex | 0.055 |
| Sun Token | 0.119 |
Shibacoin price is positively correlated with the top 10 coins by market cap with a price of 0.786, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.743.
Currencies that are positively correlated with Shibacoin 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 Shibacoin, a move in one direction for Shibacoin would translate into a move in the opposite direction for the negatively correlated coin.
