Shiba Inu (SHIB) has been relatively less volatile compared to the crypto market. So far Tuesday, the crypto has advanced 1.82% to $0.00002762665182.
InvestorsObserver is giving Shiba Inu a 22 Volatility Rank. Find out what this means to you and get the rest of the rankings on Shiba Inu!
Low Volatility
InvestorsObserver gives Shiba Inu a low volatility rank of 22, placing it in the bottom 22% of cryptos on the market.The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. SHIB's low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Shiba Inu price is in a favorable position going forward. With support at $0.0000256366733909046 and resistance at $0.0000286586186946762. This positions Shiba Inu with room to run before facing selling pressures.
