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Shiba Inu cryptocurrency experiences a significant 11% price surge over two days, yet technical analysts warn of a potential death cross formation on weekly charts that could impact SHIB's Shiba Inu's price has dropped over 34% since February 2025, with a recent low of $0. before a short-lived recovery. The Death Cross pattern signals a bearish After a brutal sell-off, Shiba Inu is at a turning point and exhibiting signs of a possible recovery, but any attempts at recovery could be hampered by an impending death SHIB saw a sharp drop to lows of $0. on Aug. 17 after Shibarium-related concerns surfaced. The sell-off was further exacerbated by a market downturn in the same week. On The price of dog-themed cryptocurrency Shiba Inu SHIBUSD is facing a sell-off, marked by the emergence of a death crossa bearish technical pattern that often signals A death cross occurs when a security’s short-term moving average crosses below its longer-term moving average, signaling the potential for a major selloff. For SHIB, its Shiba Inu (SHIB), the popular dog-themed cryptocurrency, has been under heavy selling pressure for the past week, with its price declining for seven consecutive days.

Shiba Inu SHIB Death Cross Formation Raises Sell-Off Concerns: Is Another Drop Coming?

Shiba Inu (SHIB), the popular dog-themed cryptocurrency, has been under heavy selling pressure for the past week, with its price declining for seven consecutive days. The price of dog-themed cryptocurrency Shiba Inu SHIBUSD is facing a sell-off, marked by the emergence of a death cross – a bearish technical pattern that often signals a further decline.

What is a Death Cross and Why Does it Matter for Shiba Inu?

A death cross occurs when a security’s short-term moving average crosses below its longer-term moving average, signaling the potential for a major selloff. For SHIB, its Shiba Inu cryptocurrency experiences a significant 11% price surge over two days, yet technical analysts warn of a potential death cross formation on weekly charts that could impact SHIB's price. This bearish pattern suggests increased selling pressure and could trigger further price drops.

Shiba Inu's Recent Price Action: A Volatile Ride

SHIB saw a sharp drop to lows of $0. on Aug. 17 after Shibarium-related concerns surfaced. The sell-off was further exacerbated by a market downturn in the same week. Shiba Inu's price has dropped over 34% since February 2025, with a recent low of $0. before a short-lived recovery.

Potential for Recovery vs. Impending Sell-Off

After a brutal sell-off, Shiba Inu is at a turning point and exhibiting signs of a possible recovery, but any attempts at recovery could be hampered by an impending death cross. While some analysts are seeing signs of a potential bounce, the Death Cross pattern signals a bearish outlook and indicates that the downward trend may continue.

Staying Informed: Navigating the Shiba Inu Market

Keep a close eye on SHIB's price action and monitor key technical indicators like the moving averages. Understanding the death cross formation and its potential impact is crucial for making informed decisions in the volatile Shiba Inu market. Will SHIB defy the death cross, or will the sell-off continue? Stay tuned for further updates.

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