Shiba Inu Faces Bearish Signals as “Death Cross” Looms

Shiba Inu (SHIB), the popular meme coin, finds itself in a precarious market position as a significant bearish technical indicator, known as a “death cross,” appears imminent. This pattern occurs when a short-term moving average (typically the 50-day) crosses below a long-term moving average (often the 200-day), traditionally signaling a prolonged downtrend. SHIB’s price has … Continue reading “Shiba Inu Faces Bearish Signals as “Death Cross” Looms” The post Shiba Inu Faces Bearish Signals as “Death Cross” Looms appeared first on Cryptoknowmics-Crypto News and Media Platform .

Source: Cryptoknowmics