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DOGE and SHIB Prediction for August 25

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Sun, 25/08/2024 - 15:20
DOGE and SHIB Prediction for August 25
Cover image via U.Today

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Bulls could not hold the initiative until the end of the week, according to CoinMarketCap.

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Top coins by CoinMarketCap

DOGE/USD

The rate of DOGE has dropped by 1.83% since yesterday. Over the last week, the price has risen by 6.36%.

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Image by TradingView

On the daily chart, the price of DOGE remains bearish while it is below the resistance level of $0.1147. However, if a breakout happens, there is a chance of a test of the $0.12-$0.1250 area next week.

DOGE is trading at $0.11 at press time.

SHIB/USD

The price of SHIB has gone down by 2.02% over the last day.

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Image by TradingView

From the technical point of view, the rate of SHIB is trading similarly to DOGE.

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If buyers seize the initiative and restore the price to the upper level, traders may witness a breakout followed by a move to the $0.000017 range.

SHIB is trading at $0.00001514 at press time.

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