SHIB’s Death Cross Drama: Is It Time to Panic or Grab Popcorn?

by

Oh, look! Shiba Inu is doing its best impression of a doomed romance novel-forming a death cross on its three-hour chart. How very 2026 of it. The MA 50s are having a little tango, and guess what? One’s about to dip below the other. Spoiler alert: it’s not a romantic dip, it’s a “sell your coins” dip.

Last time this short-term drama queen showed up was in mid-December 2025, and SHIB dropped faster than my standards on a second date. Down to $0.00000681, darling. Brutal.

But hey, 2026 started with all the optimism of a New Year’s resolution. SHIB shot up like a rocket (or a poorly aimed firework) to $0.00001017 on Jan. 5. A golden cross preceded this, because of course it did. Nothing says “I’m thriving” like a technical indicator.

Speaking of indicators, these golden and death crosses on the three-hour chart? Basically, SHIB’s version of a mood ring. And right now, it’s screaming “stress.”

With the death cross looming like a bad ex, what’s next? Well, SHIB’s up 0.09% in the last 24 hours, but down 10.02% weekly. Classic “I’m fine, really” energy.

Oh, and let’s not forget Monday’s Dragonfly Doji. Sounds like a fancy cocktail, but it’s just a candlestick pattern hinting at a price reversal. Sellers came in hot, but buyers were like, “Not today, Satan.” Price closed in green. Go team?

If SHIB keeps this up, it’s aiming for the daily MA 50 at $0.000008. But let’s be real, sideways trading is also on the table. Because why commit to a direction when you can just vibe at $0.00000688?

Potential scenarios

Will SHIB rebound or continue its existential crisis? Only time (and a lot of memes) will tell. Grab your popcorn, folks. This is better than Netflix.

Read More

2026-01-21 18:50