Shiba Inu Faces Rare Death Cross on Weekly Chart

Shiba Inu, a prominent cryptocurrency, is currently grappling with a significant technical indicator that could signal a potential downtrend. The cryptocurrency's charts have flashed red, indicating a potential death cross. This technical pattern occurs when a short-term moving average crosses below a long-term moving average, often interpreted as a bearish signal. The weekly chart shows a rare death cross forming between the 50-day and 200-day moving averages, a pattern that has never been seen before on Binance’s chart. This signal often warns of long-term bearish pressure, especially when it appears on a higher timeframe like the weekly chart.

Daily death crosses are not uncommon, but a death cross on the weekly chart is a different story. It rarely appears, and when it does, it often means trouble. For Shiba Inu, this signal comes after its full cycle top and a slow, painful bleed through most of 2025. The 50-day moving average has started sloping downward and is now approaching the 200-day line from above. If the lines cross, the chart confirms the bearish pattern. What makes this more concerning is the timing. SHIB has already lost major momentum and is now struggling to even bounce from key support levels.

Price action looks weak near $0.00001. Although SHIB printed a small green candle near $0.00001162, bulls still seem hesitant. There’s little strength behind the recovery. Traders appear nervous, unsure whether support will hold or collapse under pressure. Worse yet, the price hasn’t come close to touching the moving averages above. Both the 50 and 200 MAs sit far away, forming a thick ceiling. They now act as firm resistance. That gap shows just how much ground SHIB has lost in recent months.

This possible death cross marks a turning point. If the lines cross, Shiba Inu enters a phase it has never experienced before. The last time SHIB flirted with this pattern, it was in early consolidation. Now, the crypto market looks entirely different. The hype has faded. Sentiment feels cold. Technical traders often treat this kind of crossover as a serious sell signal. While not guaranteed to spark a crash, it warns of extended weakness. And for a token like SHIB, often driven by emotion and buzz, that kind of technical signal hits hard.

Investors now face a critical moment. The charts flash red. The clock ticks. And SHIB stands on a technical cliff. If the crossover confirms, it might push price into deeper waters. Until then, the smart move is to watch closely and prepare for whatever comes next. The potential death cross is a significant concern for Shiba Inu investors. This technical pattern has historically been a reliable indicator of a downtrend in the cryptocurrency market. If the death cross occurs, it could signal that the price of Shiba Inu is heading further down, and investors may want to consider taking precautions to protect their investments.