Shiba Inu (SHIB) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has gained 0.88% to $0.000008321853027.
InvestorsObserver is giving Shiba Inu a 42 Volatility Rank. Find out what this means to you and get the rest of the rankings on Shiba Inu!
The Volatility Gauge analyzes which means that one day won’t define its volatility rank – a trend will.
SHIB’s moderate volatility reading is paired 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 near $0.00000798284193032565 and resistance at $0.00000851593042633873. This positions Shiba Inu with room to run before facing selling pressures.
