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What's Next for Neutral Rated Shiba Inu (SHIB)?

Tuesday, August 09, 2022 12:55 PM | InvestorsObserver Analysts
What's Next for Neutral Rated Shiba Inu (SHIB)?

Shiba Inu (SHIB) gets a neutral rating from InvestorsObserver Tuesday. The token is down 3.08% to $0.00001197365472 while the broader crypto market is up 6316.48%.

Sentiment Score - ,
Shiba Inu has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Shiba Inu!

Neutral

Over the last five days, Shiba Inu has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Shiba Inu over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

Shiba Inu is currently trading near its midpoint for the past five-days. The token is 6.43% off its five-day high and is 3.07% higher than its five-day low of $0.0000116170822366257.

Shiba Inu price is currently below support. With support set around $0.0000120429228018417 and resistance at $0.0000126574783762714, Shiba Inu is potentially in volatile territory as selling pushes the crypto's price below recent support.

Shiba Inu has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a token?

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

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on Shiba Inu

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