Shiba Inu Achieves First Golden Cross of December: Price Predictions

Shiba Inu has crossed into bullish territory with its first golden cross on the hourly chart in December, marking a significant shift after a drop to lows on December 1st. The bullish signal occurred as the MA 50 moved above the MA 200 on the hourly chart, signifying a potential price rally. This follows the appearance of a death cross on the hourly chart the same day, which sparked concern about Shiba Inu’s performance.