Shiba Inu (SHIB) Falls 0.01%, Underperforms the Crypto Market Wednesday

Shiba Inu (SHIB) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has lost 1.39% to $0.00000955746427.

InvestorsObserver is giving Shiba Inu a 28 Volatility Rank. Find out what this means to you and get the rest of the rankings on Shiba Inu!

The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.

SHIB’s moderate volatility reading is coupled 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 trading near resistance. With support around $0.00000934953239157277 and resistance at $0.00000961215262468851. This leaves Shiba Inu with potential selling pressures ahead as it may be getting over extended.


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