Shiba Inu

Recent market data shows that Shiba Inu (SHIB) might be getting ready for an important technical change. After going up in price by 28% in the past eight days, SHIB is now close to reaching a positive event called a “Golden Cross.” This could be a good sign for its future movement.Ad. Participate in Trigoz Airdrop &amp; Get $50 worth of OZ Tokens Free <a href="https://docs.google.com/forms/d/e/1FAIpQLSciKgFf70x1zJQZ2nukipsu8lX_21zHvrPbxPTMdmTmEC-CJg/viewform" rel="noopener noreferrer nofollow">Join Now</a>If you’re not familiar with the term, a Golden Cross is an important pattern in trading that many people watch for. It happens when a short-term average (usually the 50-day exponential moving average) goes above a long-term average (usually the 200-day exponential moving average).This has often been seen as a <a href="https://cryptosheadlines.com/solana-overtakes-polygon-securing-the-9th-position-in-market-capitalization/" rel="noopener noreferrer nofollow">positive sign in different markets</a>. It could mean the start of a longer period where prices go up.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/6f3a48a0ca544f4ab4d0c6d791370593.webp" />Source: TradingView<h2 id="header-0">SHIB’s Rise and the Significance of a Golden Cross</h2>The <a href="https://cryptosheadlines.com/shiba-inu-burn-rate-surges-7000-shib-price-rises-and-new-updates/" rel="noopener noreferrer nofollow">rise of SHIB</a> is not only about percentages; there are real changes happening in how the market works. <a href="https://cryptosheadlines.com/shiba-inus-3rd-birthday-shib-trading-on-launch-day/" rel="noopener noreferrer nofollow">SHIB’s value going up is tied to actual shifts in how trading</a> is happening. There’s been a <a href="https://cryptosheadlines.com/big-investor-acquires-4-trillion-shiba-inu-shib-coins-before-shibarium-launch/" rel="noopener noreferrer nofollow">big</a> <a href="https://cryptosheadlines.com/shib-coin-nears-golden-cross/" rel="noopener noreferrer nofollow">Read More...</a>

SHIB Coin Nears Golden Cross

Spis treści

CryptosHeadlines.com

Inne artykuły opublikowane 14 sie 2023

UK FCA approves just 38 out of 291 Crypto companies to operate within the country

“SEC Will Not Approve a Bitcoin Spot ETF,” Says SEC Ex-Official

BNB Chain Updates to Combat Compatibility Issues with EVM Chains

FTX CEO, Sam Bankman-Fried, detained in notorious Brooklyn jail

FSC alerts users about concerns with Binance's AML applications

Synesis One launches the world's first NLP AI data crowdsourcing application on Solana Mainnet

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!