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The new week has started bearish for most of the cryptocurrencies, according to CoinStats.
DOGE/USD
The rate of DOGE has fallen by 3% over the past 24 hours.
On the daily chart, the price of DOGE has broken the $0.080 zone. Until the rate is below that mark, sellers are more powerful than buyers. In this case, one can expect an ongoing drop to $0.078 soon.
SHIB/USD
SHIB has followed the drop of DOGE, going down by 2.64%.
From the technical point of view, SHIB is trading similarly to DOGE, as its rate could not fix above the $0.00000946 level.
Denys SerhiichukIf the situation does not change until the end of the day, there is a chance to see a test of the $0.0000090 zone this week.
SHIB is trading at $0.00000926 at press time.
Arman Shirinyan
Alex Dovbnya
U.Today Editorial Team
Vladislav Sopov
Dan Burgin