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Shiba Inu Price in Red as First Major Death Cross in 2025 Appears

Dog-themed cryptocurrency Shiba Inu (SHIB) has been trading down in the last 24 hours; at the time of writing, SHIB was down 0.21% daily to $0.00001538. Weekly, Shiba Inu was recording higher losses, down nearly 7%. The price drop coincides with the appearance of a death cross on Shiba Inu's daily charts, which is the first major death cross in 2025. A death cross occurs when a shorter-term moving average, often the 50-day, dips below the longer-term 200-day moving average. Historically, this pattern has been viewed as a bearish sign, suggesting that downward momentum may persist.

Shiba Inu Price in Red as First Major Death Cross in 2025 Appears

Dog-themed cryptocurrency Shiba Inu (SHIB) has been trading down in the last 24 hours; at the time of writing, SHIB was down 0.21% daily to $0.00001538. Weekly, Shiba Inu was recording higher losses, down nearly 7%. The price drop coincides with the appearance of a death cross on Shiba Inu's daily charts, which is the first major death cross in 2025. A death cross occurs when a shorter-term moving average, often the 50-day, dips below the longer-term 200-day moving average. Historically, this pattern has been viewed as a bearish sign, suggesting that downward momentum may persist.

https://u.today/shiba-inu-price-in-red-as-first-major-death-cross-in-2025-appears