What is Shiba RSI?

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.

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Why is Shiba Inu market cap so high?

Interestingly, Shiba Inu has emerged as “The Dogecoin Killer” beating the likes of cryptocurrencies such as Uniswap, Luna, USD Coin, Polkadot and XRP in market cap terms. The rise is speculated to be fuelled after tech billionaire Elon Musk , tweeted a photograph of the SHIB coin going to the Moon on October 18.

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