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Shiba Inu (SHIB) has formed its first "death cross" on the 4-hour chart since October, dropping 3.88% in the past 24 hours to $0.000005015.
Shiba Inu (SHIB) has completed its first "death cross" signal on the 4-hour chart since October, with the 50-period moving average falling below the 200-period moving average. This follows three consecutive days of SHIB price declines, breaking below the $0.000005 mark, influenced by higher-than-expected US Consumer Price Index (CPI) data. As of press time, SHIB is down 3.88% over the past 24 hours to $0.000005015, with a cumulative decline of 6.66% over the past seven days.
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