Shiba Inu Trend Turns Uncertain After Quick Golden to Death Cross Shift

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. Shiba Inu 's technical indicators are currently sending mixed signals with a recent golden cross overturned by double death cross signals. Advertisement Shiba Inu saw a golden cross on the three-hour chart in mid-March as the price showed indications of recovery. This, however, did not last. Any efforts Shiba Inu made to bounce back proved fruitless. The golden cross, a fleeting signal, had momentarily suggested a potential upturn, sparking optimism about a surge in buying. HOT Stories Shiba Inu (SHIB) Never Left Downtrend, Midnight (NIGHT)'s Fundamental Support Is In, What Are Three XRP Factors Needed for Bullish Reversal? Crypto Market Review Ripple Receives Strong Credit Score, Shiba Inu (SHIB) Burn Rate Rockets 2,332%, Cardano (ADA) Exec Teases Mastercard Partnership SHIB/USD 3-Hour Chart, Courtesy: TradingView However, the market sentiment changed with bears gaining the upper hand. This was followed by two death cross signals forming on the three-hour chart. Advertisement The brief period following the first death cross had Shiba Inu's price climb. This was only temporarily as short-term momentum remained weak. This mixed signal might suggest the current market uncertainty. As of this writing, SHIB had dipped 2.22% over the past day, trading at $0.000005895, though it was up 1% on the week. Crypto market remains in downtrend The digital asset market continued to exhibit signs of choppiness, with crypto prices now in the middle of a trading range that spans back to early February. The persistent low volatility and subdued futures trading suggest a general hesitance. Advertisement You Might Also Like Wed, 04/01/2026 - 15:22 Shiba Inu at Key Price Juncture as Bollinger Bands Tighten By Godfrey Benjamin Increasing bearish positioning is seen in the derivatives market as the funding rate stays negative for most cryptocurrencies. Trading remained subdued, with the extended holiday weekend keeping trading volumes thin. Shiba Inu has seen its volume drop nearly 36% in the last 24 hours to $70.31 million, according to CoinMarketCap data . The broader test comes with U.S. inflation data on April 9, which might influence rate-cut expectations. A higher-than-expected figure might reinforce the bearish narrative in the market. #Shiba Inu (SHIB) News #Shiba Inu #Shiba Inu (SHIB) Price Prediction