Shiba Inu's First-Ever Weekly Death Cross in 2025 Spotted, What's 2026 Bringing?
Analysis
Price Impact
HighShiba inu completed its first-ever weekly death cross (ma 50 below ma 200), a historically significant bearish technical event. this coincided with broader crypto market weakness, leading to a loss of the crucial $0.00001 support and a pattern of lower highs, indicating strong downside momentum.
Trustworthiness
HighThe analysis is based on a well-established technical indicator (death cross on weekly chart) and references cryptoquant for market sentiment, providing a credible technical perspective.
Price Direction
BearishThe weekly death cross, combined with the loss of key support levels and formation of lower highs, strongly suggests a bearish trend in the short to medium term. current price action shows continued drops and fragile technical structure.
Time Effect
LongA weekly death cross is a long-term bearish signal. the article suggests shib may consolidate for several months, with a potential reversal requiring significant buying catalysts to overcome the established resistance levels.
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Shiba Inu completed its first-ever weekly death cross this year, a move that marked a new phase for its price, which rose millions of percent in over a year after its inception. Advertisement A death cross, which occurs when a short-term moving average, in this case, the weekly MA 50, falls below the MA 200, was spotted on Shiba Inu's weekly chart in early November. This signal coincided with broader crypto market weakness following October's crash, which saw a record $20 billion wiped out in a single day. HOT Stories Morning Crypto Report: -80% for Bitcoin Is Real: Legendary Trader, XRP Re-Flips 'New Cardano,' Shiba Inu (SHIB) on the Verge of 'Black Friday' VanEck: Bitcoin Miner Capitulation May Signal Bottom Crypto Market Prediction: Ethereum (ETH) Squeezed on Verge of Explosion, XRP's Attempt to End Bearish Dominance, Will Bitcoin Break Through $90,000 in Third Attempt? Leading ETH Treasury Firm Reaches Tremendous Milestone SHIB/USD Weekly Chart, Courtesy: TradingView Shiba Inu fell to a low of $0.00000815 in the aftermath of the Oct. 10 flash crash; it not only lost the crucial $0.00001 support, but it also exposed weakness beneath. This drop reinforced a pattern of lower highs that has defined Shiba Inu trading action, tilting short term momentum to the downside. Advertisement Shiba Inu is currently on track for its fourth day of dropping after a recovery attempt from Friday's low of $0.000007 stalled below $0.00000765 as the technical structure still remains fragile. At press time, Shiba Inu was down 1.68% in the last 24 hours to $0.000007147 as the broader crypto market fell early Tuesday and down 10.47% weekly. What will 2026 bring? According to recent CryptoQuant analysis, buying pressure seems to be weakening on the market. A reversal is expected, but this might not come so soon, as the markets require time to recover. Advertisement If this is the scenario, Shiba Inu may remain in its current range, consolidating for a few more months before a major move. On the other hand, if the market receives sharp buying catalysts, Shiba Inu might recover. A return above the weekly moving averages 50 and 200 at $0.00001277 and $0.00001386 might reinforce this recovery to target $0.00003344 once again. #Shiba Inu (SHIB) News #Shiba Inu #Shiba Inu (SHIB) Price Prediction