Shiba Inu (SHIB) Poised For Golden Cross – How Will Prices React? | Headlines | News | CoinMarketCap
08/14/2023 17:36
Shiba Inu (SHIB) has emerged as a star player in the face of tumultuous currents in the crypto market, signaling a potential game-changing move on …
Shiba Inu (SHIB) has emerged as a star player in the face of tumultuous currents in the crypto market, signaling a potential game-changing move on the horizon.
Bolstered by a robust 28% surge in price over the past eight days, SHIB is now at the precipice of what traders refer to as a “Golden Cross,” a technical pattern that could herald further significant gains.
The Golden Cross, a term coined within the realm of technical analysis, is a pivotal point where a cryptocurrency’s short-term moving average crosses above its long-term moving average.
This event is often perceived as a bullish signal by traders, indicating a potential shift in momentum from bearish to bullish. In the context of Shiba Inu, this development could mark a turning point, potentially opening the doors to …