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SHIBA2K22 (SHIBA22) Falls 0.18%, Underperforms the Crypto Market Sunday

Sunday, January 16, 2022 12:42 PM | InvestorsObserver Analysts
SHIBA2K22 (SHIBA22) Falls 0.18%, Underperforms the Crypto Market Sunday

SHIBA2K22 (SHIBA22) has been relatively more volatile when compared to other cryptocurrencies. So far Sunday, the crypto has fallen 18.09% to $0.000000004897522107.

volatility - 95
InvestorsObserver is giving SHIBA2K22 a 95 Volatility Rank. Find out what this means to you and get the rest of the rankings on SHIBA2K22!

Highly Volatile

InvestorsObserver gives SHIBA2K22 a high volatility rank of 95, placing it in the top 5% of cryptos on the market.

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. SHIBA22's high volatility reading is paired 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.

SHIBA2K22 price is in a good position going forward. With support around $0.00000000111593363300961 and resistance near $0.00000000737271894508502. This leaves SHIBA2K22 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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