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Euro Shiba Inu (ESHIB) Rises 5.62%, Outperforms the Crypto Market Sunday

Sunday, December 26, 2021 08:17 AM | InvestorsObserver Analysts
Euro Shiba Inu (ESHIB) Rises 5.62%, Outperforms the Crypto Market Sunday

Euro Shiba Inu (ESHIB) has been relatively more volatile compared to the crypto market. So far Sunday, the crypto has increased 5.62% to $0.

volatility - 96
InvestorsObserver is giving Euro Shiba Inu a 96 Volatility Rank. Find out what this means to you and get the rest of the rankings on Euro Shiba Inu!

Highly Volatile

InvestorsObserver gives Euro Shiba Inu a high volatility rank of 96, placing it in the top 4% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. ESHIB's high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

Euro Shiba Inu price is trading near resistance. With support at $1.84932813237539E-11 and resistance around $3.01845525387847E-11. This leaves Euro Shiba Inu with potential selling pressures ahead as it may be getting over extended.

What is a Token?

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

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