Shiba Inu forms short-term death cross after October push to $0.00000600
Image: Crypto.newsShiba Inu's October price action is centred on the $0.00000600 level. One report says SHIB traded near $0.00000587, above its 20-day, 50-day, 100-day and 200-day simple moving averages, with weekly RSI at 52.26. Another says SHIB hit a high of $0.000006018 on October 5, then fell 1.36% in 24 hours to $0.000005405, with death crosses on hourly and two-hour charts after a daily golden cross.
Key points
- SHIB's October price action is set against the $0.00000600 level as a near-term technical test.
- SHIB reached a high near $0.00000600 on October 5 and traded below that level in the following days.
- The 50-day and 200-day moving averages are cited as key support and reference levels for SHIB.
Why it matters
SHIB traders are watching the $0.00000600 area, where overhead liquidation clusters are reported between $0.00000610 and $0.00000630. Short-term moving-average crossovers and a mixed RSI reading leave the near-term technical picture unsettled.
What's unclear
The reports give different levels for SHIB's 50-day and 200-day moving averages.
The reports disagree on whether SHIB is trading above or below its 50-day moving average.
Price context · SHIB
At publication
$0.00000539
Now
$0.00000538
Change since
−0.19%
7 days · dashed line = publication
Sources · 2 publishers
U.Today
Tier 2
Shiba Inu Forms First Double Death Cross of October: Is 'Uptober' in Trouble?
Coverage timeline
- First reported by Crypto.news
- Confirmed by U.Today
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error