Shiba Inu (SHIB) prints first daily golden cross in almost two years, U.Today says
In brief
- SHIB's 50-day moving average crossed above its 200-day average on the daily chart, per U.Today.
- The golden cross is SHIB's first on the daily chart in almost two years.
- The previous daily golden cross, in November 2024, preceded a December high and then a decline.
- SHIB traded at $0.000005936, up 3.24% over 24 hours, at writing, U.Today reported.
What the chart shows
A golden cross occurs when the 50-day moving average rises above the 200-day moving average. On SHIB's daily chart, the MA 50 crossed above the MA 200 and completed the pattern, according to U.Today's analysis (the outlet didn't name a data provider for the chart).
It's the first one on the daily timeframe in almost two years.
Two years of crosses
The last visible golden cross on SHIB's daily chart came in November 2024, according to U.Today. That one didn't hold for long. The token reached a high of $0.0000334 in December 2024 and then fell, and months of selling pressure followed until a death cross showed up on the daily chart in February 2025.
There was a near miss, too. U.Today said a potential golden cross in August 2025 was cut short before it could form, and a death cross followed in September 2025. That's two death cross signals in two years, by the outlet's count. The setup before November 2024 looked similar (SHIB had completed a death cross in July 2024, months ahead of that golden cross).
Where SHIB trades now
The latest cross coincided with a rebound from a low of $0.00000550 on September 29, with SHIB in its fourth day of gains. At the time of U.Today's writing, the token was up 3.24% over 24 hours at $0.000005936 and up 1.52% on the week.
So what's next? U.Today said SHIB's daily golden crosses have mostly coincided with recovery periods after months of selling, and it suggested the token could extend its recovery toward $0.00001 if that pattern repeats. That's the outlet's speculative read. On the downside, U.Today said it expected support around $0.00000533, where the 50-day and 200-day moving averages sit, if the price declines.
The November 2024 cross is the obvious reference point. It came with a December high, then a slide that ended in a death cross by February 2025.
Frequently asked questions
What is a golden cross on SHIB's chart?
A golden cross occurs when the 50-day moving average rises above the 200-day moving average. U.Today reported that on SHIB's daily chart, the 50-day average crossed above the 200-day average, completing the pattern for the first time in almost two years.
When was Shiba Inu's last daily golden cross?
According to U.Today, SHIB's last visible daily golden cross was in November 2024. The token reached a high of $0.0000334 in December 2024 and then fell, and a death cross appeared on the daily chart in February 2025.
What price levels did U.Today point to after the cross?
U.Today suggested SHIB could extend its recovery toward $0.00001 if the historical pattern repeats, which is the outlet's speculative analysis. It also said it expected support around $0.00000533, at the 50-day and 200-day moving averages, if the price declines.
