{"id":27592,"date":"2026-03-23T16:00:00","date_gmt":"2026-03-23T16:00:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=27592"},"modified":"2026-03-24T07:25:32","modified_gmt":"2026-03-24T07:25:32","slug":"shiba-inu-death-cross-analysis","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/shiba-inu-death-cross-analysis\/","title":{"rendered":"Shiba Inu plummets after death cross: Where will SHIB price go?"},"content":{"rendered":"\n

SHIB Bears the Full Brunt of Market Uncertainty<\/h2>\n\n\n\n

The cryptocurrency<\/a> market is going through an intense correction<\/strong> phase, and Shiba Inu is not being spared. Over the past 24 hours, more than $361 million<\/strong> worth of positions have been liquidated across the entire market, with an overwhelming majority being long positions ($294 million). This massive purge reflects overly optimistic positioning by traders heading into the weekend.<\/p>\n\n\n\n

In this climate of fear, where the Crypto Fear and Greed Index stagnates at 27, SHIB is currently trading around $0.00000578<\/strong>, showing a decline of approximately 1.65% over the last 24 hours. Selling pressure has intensified, brutally invalidating recent rebound attempts and confirming the bearish<\/strong> trend.<\/p>\n\n\n\n

\"SHIB<\/figure>\n\n\n\n

The significant technical event marking this decline is the validation of a Death Cross<\/strong> on Shiba Inu’s weekly chart. The 50-period moving average (MA 50) has crossed below the 200-period moving average (MA 200).<\/p>\n\n\n\n

Is Shiba Inu’s Key Support Level in Danger?<\/h2>\n\n\n\n

Technical analysis of Shiba Inu reveals a particularly fragile price structure. Recent breakout<\/strong> attempts have all failed below the psychological barrier of $0.000006. This zone, once considered a solid support<\/strong>, has now transformed into a formidable resistance<\/strong> that buyers are struggling to overcome.<\/p>\n\n\n\n

If selling pressure persists, the next immediate support<\/strong> level sits at $0.00000562. A break of this critical threshold could trigger a new wave of panic and send SHIB toward annual lows. A potential further 50% drop between $0.0000044 and $0.0000032 still weighs on its price.<\/p>\n\n\n\n

However, in a bullish<\/strong> scenario, stabilization above $0.00000562 would allow for consideration of an accumulation phase. To reverse this bearish<\/strong> dynamic, Shiba<\/a> Inu must imperatively reclaim the $0.000006 zone with significant buying volume, thus opening the path for a potential bullish retracement<\/strong>.<\/p>\n\n\n\n

How Far Can SHIB’s Price Go?<\/h2>\n\n\n\n

Shiba Inu’s current situation reflects the global uncertainty weighing on risk assets. With a crypto market plagued by doubt and massive liquidations cleaning out leverage, SHIB finds itself at a crossroads. The weekly Death Cross<\/strong> acts as a severe warning for traders looking to anticipate a premature bull run<\/strong>.<\/a><\/p>\n\n\n\n

The coming days will be decisive for the memecoin’s trajectory. If the support<\/strong> at $0.00000562 gives way under seller pressure, the correction<\/strong> could deepen, forcing investors to reassess their price targets. Conversely, holding this level could offer an entry opportunity for the more daring betting on a technical rebound.<\/p>\n\n\n\n

While volatility remains the watchword, the question arises for investors and network whales: is this the right time to accumulate Shiba Inu in the midst of the storm, or is the decline far from over?<\/p>\n\n\n\n

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