Shiba Inu (SHIB) gets a neutral rating from InvestorsObserver Wednesday. The token is up 1.02% to $0.00001330218917 while the broader crypto market is up 1.81%.
Over the last five days, Shiba Inu has earned a Neutral 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.
Shiba Inu is currently trading near its midpoint for the past five-days. The token is 11.10% off its five-day high and is 5.55% higher than its five-day low of $0.0000126033328342601.
Shiba Inu price is trading near resistance. With support set around $0.0000129083191579214 and resistance at $0.0000133820540296968, could face selling pressures soon.
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.
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