Shiba Inu (SHIB) Flashes Death Cross. Here’s The Implication

Shiba Inu has drawn renewed attention after technical indicators revealed the formation of a death cross on its daily chart over the weekend. A death cross occurs when the 50-day moving average falls below the 200-day moving average, a signal that is generally interpreted as pointing to declining momentum and the potential for a price ￰0￱ Death Cross in 2025 This is the second time the pattern has appeared on Shiba Inu’s chart this ￰1￱ first instance emerged in February and was followed by months of weak performance that eventually drove the token’s value down to the $0.00001 level in ￰2￱ timing of the latest development has caught some market observers by ￰3￱ a month earlier, Shiba Inu formed a golden cross , which is usually taken as a bullish ￰4￱ event initially lifted investor expectations for a stronger rally.

However, the positive sentiment proved short-lived as broader market conditions turned ￰5￱ has historically been one of the more challenging months for the cryptocurrency sector, and this year has been no ￰6￱ macroeconomic uncertainty, coupled with seasonal weakness, has added pressure on major digital ￰7￱ factors reduced the impact of the golden cross and contributed to renewed selling activity in Shiba ￰8￱ these headwinds, the token briefly advanced to $0.000013 on August 29 before losing momentum in early September as the overall market trend shifted ￰9￱ conflicting signals from recent chart patterns, traders are focused on Shiba Inu’s near-term ￰10￱ the token manages to break above its daily moving average, bullish participants may aim for resistance levels between $0.000014 and $0.000016.

On the other hand, if downward pressure intensifies, price action could mirror the decline that followed February’s death cross, making $0.00001 an important support level to ￰11￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 As of the latest update, Shiba Inu is priced at $0.00001291, reflecting a 4.03% increase over the past 24 hours and a 6.58% gain for the ￰12￱ the beginning of September, the asset has advanced by 2.87%, bringing its average monthly performance to 6.94%. Market Activity and Token Burns Trading activity has also shown notable ￰13￱ Inu’s 24-hour trading volume rose by 39%, reaching $143.94 ￰14￱ uptick suggests that interest in the token remains strong despite the uncertain technical ￰15￱ the same time, the project’s burn rate recorded a sharp ￰16￱ the past 24 hours, token burns surged with approximately 1.3 million SHIB permanently removed from circulation across nine ￰17￱ mechanism, while relatively small in scale compared to the total supply, continues to be monitored by the community as a long-term support ￰18￱ reemergence of a death cross on Shiba Inu’s chart has revived concerns about the token’s immediate ￰19￱ technical patterns point to potential downside risk, recent trading volume and increased token burns highlight sustained interest from market ￰20￱ : This content is meant to inform and should not be considered financial ￰21￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰22￱ are urged to do in-depth research before making any investment ￰23￱ action taken by the reader is strictly at their own ￰24￱ Tabloid is not responsible for any financial ￰25￱ us on Twitter , Facebook , Telegram , and Google News