Shiba Inu Completes Short-Term Golden Cross: Is $SHIB Ready to Rally?
The post Shiba Inu Completes Short-Term Golden Cross: Is $SHIB Ready to Rally? appeared on BitcoinEthereumNews.com. Shiba Inu has completed a short-term golden cross on its 2-hour chart with the MA 50 crossing above the MA 200. The signal follows July 4 rebound as SHIB hit $0.00000458, and bulls eye a decisive break to $0.000005. This raises questions about potential short-term momentum and if traders should monitor SHIB closely. Shiba Inu (SHIB) has completed a short-term golden cross on its 2-hour (2H) chart after the 50-period moving average (MA50) crossed above the 200-period moving average (MA200), signaling a potential bullish momentum shift. The technical pattern follows last week’s rebound, which pushed SHIB to $0.00000458, putting the meme coin back on traders’ watchlists. Shiba Inu Completes Short-Term Golden Cross on its 2-Hour Chart SHIB has formed a short-term golden cross on its 2H chart, with its MA50 crossing above its MA200. This classic bullish technical signal ofte