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.
The market is trying to recover from yesterday's sharp dump, according to CoinMarketCap's ranking.
Top coins by CoinMarketCap
DOGE/USD
The rate of DOGE has increased by almost 3% over the last 24 hours.
Image by TradingView
Despite the slight rise, the rate of DOGE is trading below the vital level of $0.06253. However, if today's bar closes above it, there is a chance to see a bounce back to the $0.065 zone at the beginning of next week.
DOGE is trading at $0.06205 at press time.
SHIB/USD
SHIB has gained even more than DOGE, rising by 7.83%.
Image by TradingView
Buyers are not ready to seize the initiative yet as the rate remains below the $0.000007 mark. If the situation does not change by the end of the day, the drop is likely to continue in the next days.
SHIB is trading at $0.00000672 at press time.
Arman Shirinyan
Alex Dovbnya
Dan Burgin
Vladislav Sopov