Shiba Inu Price Jumps 4% After Hourly Golden Cross: More Rallies Ahead?

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<a href="https://investment-policy.com/shib-usd/">Shiba Inu</a> Completes Hourly <a href="https://pricpr.com/gold">Golden</a> Cross, Price Jumps 4%

Shiba Inu (SHIB), a popular meme coin, has increased by 4% in the last day, and experts predict it could continue to rise. This positive movement coincides with a general uptrend in the crypto market, as Bitcoin aims to reach $70,000.

Shiba Inu completes hourly golden cross

SHIB is currently trading at $0.0000060, up 4.7% over the last 24 hours, according to data from CoinMarketCap.

The price went up, and more investors started buying and selling, increasing daily trading volume by over 43%. This shows renewed confidence in the market.

As a crypto investor, I’m watching SHIB closely because it just flashed a bullish signal – a golden cross on the hourly chart. This usually means the price could keep going up over the next few hours or even days. It’s likely to draw in traders who look for these moving average crossovers as a reason to buy.

As an analyst, I’m seeing a bullish signal here. The golden cross itself is always encouraging, but this one is particularly strong because it happened *during* a 4% price increase. That tells me there’s genuine buying activity and strong market interest driving this move, not just speculative trading.

Historically, when these conditions have occurred, Shiba Inu’s price has often seen quick gains over the following days and weeks.

As a researcher, I often look at price charts, and one pattern I’ve noticed is the ‘golden cross.’ This occurs when a shorter-term moving average – typically calculated over around 23 days – rises above a longer-term one, usually the 50-day moving average. It’s a signal that can indicate a potential shift in market trends.

While golden crosses on hourly charts can sometimes indicate positive momentum, they’re more likely to give misleading signals compared to those on daily or weekly charts. A quick death cross – a signal of declining momentum – can easily negate an hourly golden cross, as recently observed just a few days after one occurred.

SHIB price prediction

Currently, SHIB is trending upwards along with the broader cryptocurrency market. If Bitcoin and other cryptocurrencies continue to perform well, positive feelings towards SHIB are likely to grow, potentially driving its price up.

Shiba Inu is experiencing a significant number of tokens leaving exchanges, which could signal that the recent price drop is ending. According to reports, over 30 billion SHIB were moved off exchanges in a single day. This often suggests people are buying and holding the cryptocurrency, rather than selling it.

This could also suggest growing interest, even when people are generally avoiding risk, especially if more users start actively receiving the asset.

Shiba Inu’s price is currently finding support around $0.00000575 to $0.00000580, and faces a potential barrier to further gains near $0.00000630.

If SHIB rises above this price point, it’s likely to continue increasing. But if it doesn’t break through, the price could drop even lower.

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2026-03-30 19:01