Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Bulls could not hold the initiative until the end of the week, according to 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%.
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.
From the technical point of view, the rate of SHIB is trading similarly to DOGE.
Denys SerhiichukIf 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.
Valeria Blokhina
Godfrey Benjamin
Vladislav Sopov
Dan Burgin
U.Today Editorial Team