CandleFocus Shiba Inu (SHIB) on Verge of Golden Cross: Here's Price Comeback Scenario
2024-10-27
Author: Content Editor
Despite experiencing significant turbulence and a double-digit drop in price, the popular meme-inspired cryptocurrency Shiba Inu (SHIB) still has a chance to form a golden cross on its price chart. The cryptocurrency market as a whole also experienced a decline, losing $162.7 billion due to Tether news and geopolitical tensions. However, the price of SHIB made an unexpected upward push and found support at the 50-day moving average, one of the key components of the golden cross. This suggests that SHIB may still be on track for a golden cross and provides hope for SHIB enthusiasts.
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