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Bulls could not hold the initiative, and most of the coins have continued to decline.
DOGE/USD
The price of DOGE has declined by 1.84% over the last 24 hours.
On the hourly chart, the rate of DOGE is trying to fix above the $0.08 zone. However, if it fails to do that, bears might again seize the initiative, which could lead to a test of the support level of $0.075 soon.
DOGE is trading at $0.08050 at press time.
SHIB/USD
SHIB is not an exception to the rule, going down by 2.86%.
From the technical point of view, SHIB is trading similarly to DOGE. Sellers are not going to give up, as the price remains below the vital zone of $0.000010.
Denys SerhiichukIn this case, one can expect an ongoing correction to $0.00009 shortly.
SHIB is trading at $0.00000962 at press time.
Arman Shirinyan
Alex Dovbnya
Dan Burgin
Vladislav Sopov