SHIB USD Price: Shiba Inu Live Chart

SHIB USD price: $loading… Change since yesterday: loading… | loading…%

Shiba Inu, SHIB token price has changed by loading…% since yesterday. It is currently trading loading…% from its 7-day all-time high price of loading… USD and loading…% from its 7-day all-time low of loading… USD.

Live Shiba Inu token SHIB USD price chart to study emerging patterns and price momentum. Chart references Shiba Inu – SHIB USD price from Binance exchange. Shiba Inu token SHIB is available on Binance, Coinbase, KuCoin, Kraken, Bitfinex and more.

About Shiba Inu (SHIB):

Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular meme coin. Unlike Bitcoin, which is designed to be scarce, SHIB is abundant with a circulating supply of one quadrillion. The Shiba Inu Token ecosystem supports projects such as an NFT art incubator and the development of a decentralized exchange called Shibaswap.

Helpful technical indicators to study Shiba Inu - SHIB USD price momentum:

Technical Analysis through the use of charts or volume helps to forecast future Shiba Inu - SHIB USD price trends, however, do remember always that analysis can’t make absolute predictions about the future. Therefore, trade with caution. The following are some of the technical indicators which could be useful for anticipating the most likely SHIB/ USD price movement.

Moving average convergence divergence (MACD)

MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. The result of that calculation is the MACD line. A nine-day EMA of the MACD called the “signal line” is then plotted in addition to the MACD line which together functions as a trigger for buying or selling an asset – Shiba Inu - SHIB.

Traders may buy Shiba Inu (SHIB) when the MACD crosses above its signal line (orange line) and sell, or short the Shiba Inu token SHIB when the MACD (blue line) crosses below the signal line.

Another MACD strategy is to look at which side of zero the MACD lines are. Potential buy signals occur when the MACD moves above zero, and potential sell signals when it crosses below zero.

Relative Strength Index (RSI)

RSI is an indicator that evaluates overbought or oversold conditions in the price of an asset. The RSI is a line graph that moves between two extremes and has a reading from 0 to 100. Traditional usage of the RSI is that:

  • RSI values of 70 or above indicate that an asset is becoming overbought and prime for a trend reversal or experience correction in the asset – Shiba Inu - SHIB USD price.
  • An RSI reading of 30 or below indicates an oversold or undervalued condition.

Moving average (MA) - SHIB USD price

MA is the average of the closing USD price of an asset – Shiba Inu (SHIB) over a given number of periods. The 200-day simple moving average is one of the most-watched activities in the price charts by mostly all experienced traders. There are two basic signals in relation to the moving average:

  • If the price is above the X-day SMA, this signals a bullish movement.
  • If the price is below the X-day SMA, this signals a bearish movement.

MA(50,200) Crossover

Another important signal is a crossover between the 50-day and the 200-day moving averages.

  • When the 50-day Moving Average (MA) crosses above the 200-day MA, it is called a golden cross. It signals that a new bullish Shiba Inu (SHIB) USD price trend is starting.
  • A bearish crossover (where the 50-day MA crosses below the 200-day MA) is known as the death cross. This is a sign that a bear market may be starting for the SHIB token.

On-balance volume (OBV)

OBV is another technical trading momentum indicator that uses volume flow to predict changes in the stock price. A rising price should be accompanied by a rising OBV; a falling price should be accompanied by a falling OBV.

  • If OBV is rising and the price isn’t, then the price is likely to follow the OBV.
  • In case the SHIB USD price is rising and OBV is flat-lining or falling, the price may be near a top.
  • If the Shiba Inu - SHIB USD price is falling and OBV is flat-lining or rising, the price could be nearing a bottom.

Helpful Chart Patterns to study Shiba Inu - SHIB USD price:

  • Head and Shoulders
  • Cup and Handle (bullish)
  • Triangles (Symmetrical, Ascending and Descending)
  • Double top and bottom [M (bearish) and W (bullish)]
  • Triple Tops (bearish) & Bottoms (bullish)
Latest Crypto Fear & Greed Index

The above index uses the following factors to measure market sentiment. These are – Volatility, Market Momentum/ Volume, social media, Surveys, Dominance, and Google search trends.

There are two ways to read the index:

  • Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
  • When Investors are getting too greedy, that means the market is due for a correction.