Shiba Inu (SHIB) gets a bullish rating from InvestorsObserver Friday. The crypto is up 8.62% to $0.00001037757921 while the broader crypto market is up 5.14%.
Over the last five days, Shiba Inu has earned a Bullish 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 crypto is 6.85% off its five-day high and is 10.57% higher than its five-day low of $0.0000093853604994365.
Shiba Inu price is trading near resistance. With support set around $0.00000905647881706046 and resistance at $0.0000103804084265585, 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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