Bearish-Rated Shiba Inu (SHIB) Rises Wednesday to $0.00002373359361

Shiba Inu (SHIB) gets a bearish rating from InvestorsObserver Wednesday. The token is up 4.34% to $0.00002373359361 while the broader crypto market is up 1196.09%.

Shiba Inu has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Shiba Inu!

Bearish

Over the last five days, Shiba Inu has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Shiba Inu over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

Shiba Inu is currently trading near its midpoint for the past five-days. The token is 9.17% off its five-day high and is 6.38% higher than its five-day low of $0.0000223098941205535.

Shiba Inu price is currently above resistance. With support set around $0.0000224611024723702 and resistance at $0.0000232510877513408, Shiba Inu is potentially in a volatile position if the rally burns out.

Shiba Inu has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.

What is a token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on Shiba Inu

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