Shiba Inu (SHIB) gets a bullish rating from InvestorsObserver Saturday. The token is up 3.42% to $0.00001226823042 while the broader crypto market is up 1.38%.
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 five-day high of $0.0000124805460522021. The token is 1.70% off its five-day high and is 18.60% higher than its five-day low of $0.0000103446081993752.
Shiba Inu price is trading near resistance. With support set around $0.000011459104433019 and resistance at $0.0000122792994880036, 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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