Shiba Inu (SHIB) has been relatively less volatile compared to the crypto market. So far Saturday, the crypto has gained 3.1% to $0.000006897099583.
The Volatility Gauge follows which means that one day won’t define its volatility rank – a trend will.
SHIB’s low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Shiba Inu price is trading above resistance. With support set at $0.00000660766231625983 and resistance at $0.00000680990301511427. This leaves Shiba Inu out of range and potentially in a volatile position if the rally burns out.