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Shiba Inu Classic (SHIBIC) Down 0.17% Sunday: What's Next?

Sunday, January 23, 2022 08:12 AM | InvestorsObserver Analysts
Shiba Inu Classic (SHIBIC) Down 0.17% Sunday: What's Next?

Shiba Inu Classic (SHIBIC) has been relatively more volatile compared to the crypto market. So far Sunday, the crypto has fallen 16.82% to $0.0000009005721595.

volatility - 87
InvestorsObserver is giving Shiba Inu Classic a 87 Volatility Rank. Find out what this means to you and get the rest of the rankings on Shiba Inu Classic!

Highly Volatile

InvestorsObserver gives Shiba Inu Classic a high volatility rank of 87, placing it in the top 13% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. SHIBIC's high volatility reading is coupled 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.

Shiba Inu Classic price is favorably positioned going forward. With support near $0.000000685931138969706 and resistance at $0.000000975436774434299. This leaves Shiba Inu Classic with room to run before facing selling pressures.

What is a Token?

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

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