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.
After sharp moves, the market is trading sideways today.
DOGE/USD
The rate of DOGE has declined over the last day, falling by 0.53%.
From the technology point of view, DOGE remains trading in the middle of the wide range between the support at $0.0711 and the resistance at $0.10.
As the volume remains low, the price is likely to keep trading in the range of $0.08 and $0.09 within the next few days.
DOGE is trading at $0.0832 at press time.
SHIB/USD
SHIB has followed the decline of DOGE, going down by 0.47%.
SHIB is more bearish than DOGE as the rate is located close to the support at $0.000011. If the decline continues, there are chances to see a drop to the vital level at $0.000010 next week.
SHIB is trading at $0.00001163 at press time.
Vladislav Sopov