Shiba Inu Completes Short-Term Golden Cross: Is It Time to Pay Attention?

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 has completed a golden cross on its short-term price charts, with indicators now suggesting it might be time for the market to pay attention. Advertisement A golden cross has emerged on the Shiba Inu 2-hour chart as the MA 50 has crossed above the MA 200. The signal follows last week's rebound, which saw SHIB hit $0.00000458 on July 4. SHIB/USD 2-Hour Chart, Image By TradingView Most majors, including SHIB , were little changed on the day; Shiba Inu was up 0.37% in the last 24 hours to $0.00000436. The token was, however, up 3.19% in the last seven days. HOT Stories Ripple Exec: Washington Can't Ignore Crypto Dogecoin (DOGE) Uptrend Attempt Is Fuelless, XRP Paints Severe RSI Divergence, Bitcoin (BTC) Recovery Rally Is Premature: Crypto Market Review You Might Also Like Sun, 07/05/2026 - 09:51 Shiba Inu (SHIB) Brutally Denied at $0.000005 Entry By Arman Shirinyan Advertisement The crypto market is seeing mixed trading action on Tuesday as investors await further economic data. Investors are looking ahead to Wednesday's FOMC minutes, the first under new Fed Chairman Kevin Warsh, which will provide further clues on monetary policy. Thursday will see the release of the weekly initial jobless claims for June. Time to pay attention? Shiba Inu advanced for most of the past week, reaching a high of $0.00000458, but the move lacked follow-through. Since then, Shiba Inu has fallen, marking two days of decline since July 5. You Might Also Like Sat, 07/04/2026 - 15:33 Shiba Inu's Sudden 37% Spike in Exchange Activity Puts Bulls in Charge By Caroline Amosun Advertisement But a key indicator for altcoins looks positive. CoinMarketCap's Altcoin Season indicator rose to 47/100, suggesting optimism might be returning to the altcoin sector. Open interest in the crypto market has surged by $108 million in the last 24 hours, according to CoinGlass data. Meanwhile, some key indicators are flashing mixed signals, with positive funding rates potentially signaling bullish sentiment. For Shiba Inu, bulls are eyeing a decisive break above the daily MA 50, which is at $0.00000489, to achieve a rise to $0.000005. Shiba Inu defended the $0.00000405 level but failed to turn the rebound into a sustained move to $0.000005. Buyers stepped in after a continued drop to a low of $0.00000405 on June 26, with Shiba Inu rebounding afterwards, but the rise failed to reach the levels needed to confirm momentum. #Shiba Inu (SHIB) News #Shiba Inu #SHIB