SHIB Slides Below Key Support While Rare Double Death Cross Emerges
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Shiba Inu completes death cross on 4-hour chart as price slides below $0.000005
🔥 Shiba Inu triggers a death cross on its 4-hour chart, with $SHIB trading under $0.000005. 📉 Three straight days of losses follow hot inflation data as sellers push below key support. 💰 US CPI rises, the Fed signals further rate hikes as crypto markets react sharply. Continue Reading:Shiba Inu completes death cross on 4-hour chart as price slides below $0.000005
🚨 The first death cross in October has formed on Shiba Inu's 4-hour chart. 📉 As selling pressure continues, $SHIB has fallen 3.88% in the last 24 hours and 6.66% in the last 7 days. 🌍 Risk appetite weakened as monthly inflation in the US came in at 0.6% and annual inflation at 3.7%. Read More: Short-term bearish signal strengthens in Shiba Inu The article "Short-term bearish signal strengthens in Shiba Inu" first appeared on COINTURK.
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Cryptocurrency News | Cryptocurrency Prices | Market CapSHIB Slides Below Key Support While Rare Double Death Cross Emerges
SHIB triggered rare double death crosses on hourly and two-hour charts. Price fell below the 50-day moving average after three consecutive declines. Federal Reserve rate concerns added pressure across the broader crypto market. Shiba Inu traders entered October with fresh optimism after a long-awaited golden cross appeared on the daily chart. Many expected stronger momentum and a possible continuation higher. Instead, recent price action has del…
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