Shiba Inu token eyes ~9% short‑term gain after Mini Golden Cross signal
The meme cryptocurrency Shiba Inu rebounded in early July after a 24% drop in June. On the four‑hour chart, the 23‑period moving average crossed above the 50‑period average at roughly $0.000004346, a pattern traders call a “Mini Golden Cross,” indicating renewed buying pressure.
Analysts see the next resistance band between $0.00000470 and $0.00000480, with the 200‑period moving average acting as a key technical barrier. If the price holds above the $0.000004346 level and breaks the 200‑period average, an upside potential of around 9% toward $0.00000475 is projected. Conversely, selling pressure could push the token back toward the psychological support near $0.00000400.
Historical data show July often serves as a recovery month for Shiba Inu, with median July returns of 6.24% and prior July gains of 13.4% (2022), 11.8% (2023) and 8.9% (2025). As of July 3, the token was up 3.56% on the day, aligning with the pattern of a modest July rally.