Shiba Inu prints surprising signal despite price climb
has printed a surprising signal on its price charts, having formed a bearish crossover, or"death cross," on its four-hour chart.
Shiba Inu was among the gainers on the market, while several crypto assets traded in the red, which was surprising. A death cross is a chart pattern that occurs when a short-term moving average crosses below a longer-term moving average. In the case of the Shiba Inu price, its four-hour moving average 50 has crossed the MA 200, confirming a bearish crossover.In theory, an implication of this might be a further sell-off, but several instances prove otherwise.
On Aug. 22, Shiba Inu began a comeback after a few days of battling to regain its footing. The recovery continued as of the time of publication, withThe first sign of strength would be a break above the daily moving averages of 50 and 200 at $0.0000084 and $0.0000096, respectively. Per the most recent update shared by Shiba Inu Lead Shytoshi Kusama, Shibarium is now enhanced and optimized and almost ready to reopen to the public.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Mind-Blowing 800% Shiba Inu (SHIB) Burn Rate Surge Led to 1 Billion BurnSignificant token burn surge did not lead to price rally some people might have expected
Weiterlesen »
Shiba Inu Partner Announces New Batch of SHIB Cold Wallets Ready for SaleTangem wallet maker spreads the word about a new batch of SHIB wallets ready for Shiba Inu holders
Weiterlesen »
Shiba Inu Profitability Drops as SHIB Hits Two-Month LowsShiba Inu about to print key signal on its short-term charts
Weiterlesen »
Shiba Inu (SHIB) Jumps 5% as Negative Shibarium Sentiment Wears OffShiba Inu has picked up new gains as market recovery goes viral
Weiterlesen »
XRP, Shiba Inu (SHIB) and Bitcoin Adoption Skyrockets as New Partnership EmergesSHIB, Bitcoin, XRP and 70 other cryptocurrencies onboard in Brazil as new Binance Pay partnership is born
Weiterlesen »