Shiba Inu Death Cross Alert: Technical Analysis and the Rise of Utility-Focused Crypto Projects

Source: Coindoo Original Title: Shiba Inu News: New Death Cross Warning, Triggers Fear of 90% Drop, Traders Spot Newcomer Remittix (RTX) Original Link: https://coindoo.com/shiba-inu-news-new-death-cross-warning-triggers-fear-of-90-drop-traders-spot-newcomer-remittix-rtx/

Shiba Inu Technical Analysis: Death Cross Warning Signals Potential Volatility

The crypto market is entering another tense phase as traders assess new volatility signals across major altcoins.

This week’s market cycle has been dominated by a developing death cross alert that has stirred concerns about deeper losses. Market sentiment across digital assets is mixed, yet early stage utility projects are still drawing attention among investors looking for tokens built around real world use. The discussion around adoption, liquidity and utility is becoming louder across the crypto market as traders prepare for the next major move.

Shiba Inu Technical Alert: Major Death Cross Risk

Shiba Inu Coin has rebounded slightly, but the broader structure remains fragile. SHIB Price currently trades with higher intraday volume, yet analysts observing market sentiment warn that the pattern forming between the 50 day and 200 day moving averages could confirm a death cross.

This technical signal often reflects a shift in trend strength, and many traders are preparing for additional downside risk.

Market analysis shows the market sitting near a key demand zone between $0.00000800 and $0.00000830. A drop under that support may activate a deeper slide that some fear could reach a major decline if liquidity thins out.

The path higher is capped near $0.00000950, and only a clean break above that level would challenge the current bearish structure. SHIB Price has made several attempts to recover over recent weeks, but chain activity and liquidity reactions on crypto exchanges reveal that sellers still hold control.

Market watchers note that both retail and institutional adoption have slowed on memecoins, increasing pressure during volatile sessions. With digital assets shifting between minor support and resistance, SHIB remains exposed to fast liquidity movements.

Traders see this setup as a critical moment, as a confirmed death cross often influences automated trading systems across both centralized exchanges and decentralized exchange liquidity pools.

Alternative Projects Gaining Attention During Market Volatility

While technical indicators on major tokens show mixed signals, crypto investors exploring new altcoins are paying close attention to emerging projects focused on real-world utility.

One project gaining traction is building a PayFi ecosystem that enables crypto to fiat transfers directly to bank accounts. The project has already secured significant private funding with millions of tokens sold. The team is expanding beta testing programs and has obtained security audits from third-party verification firms.

Key characteristics of utility-focused projects attracting attention include:

  • Security audits and third-party verification
  • Working products in active development
  • Real-world payment use cases
  • Transparent team information
  • Clear roadmap for feature rollouts

Market Outlook: Shiba Inu and Utility Tokens

According to recent analysis, the market’s response depends on how long the current support zone lasts. Traders predict a retest of lower levels if major tokens lose momentum below key support. If resistance breaks on the upside, short term relief could follow, but sentiment remains cautious.

Shiba Inu remains under pressure as technical signs tighten. However, projects focused on genuine payment utility and continual development continue gaining pace during this uncertain phase in the crypto market. Investors continue to distinguish between speculative tokens and those with functional ecosystems.

SHIB2.28%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)