Shiba Inu Golden Cross Signals Bullish Momentum, But Market Trends Remain Uncertain

Shiba Inu has recently executed a bullish golden cross signal on its hourly chart, as the short-term moving average crossed above the long-term average. This development follows increased buying pressure on Friday as investors anticipated potential rate cuts at the upcoming September Fed meeting. These anticipations were influenced by Chair Jerome Powell’s dovish outlook during the Jackson Hole symposium. )