Shiba Inu (SHIB) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has fallen 2.81% to $0.00002610019516.
InvestorsObserver is giving Shiba Inu a 34 Volatility Rank. Find out what this means to you and get the rest of the rankings on Shiba Inu!
Moderately Volatile
InvestorsObserver gives Shiba Inu a moderate volatility rank of 34, placing it in the bottom 34% of cryptos on the market.The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. SHIB's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Shiba Inu price is in a favorable position going forward. With support at $0.0000244596283545713 and resistance near $0.0000273179937602714. This leaves Shiba Inu with room to run before facing selling pressures.
