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 weekend has started with the fall of the crypto market; however, there are some exceptions to the rule. Mainly, the rate of DOGE has risen by 3.66%.
DOGE/USD
As mentioned before, DOGE is the only coin out of the top 10 list that is located in the green zone.
Despite the growth today, the price is far away from the crucial levels, which means that DOGE might keep trading sideways.
The low volume confirms such a scenario. However, if the fall continues and the weekly candle fixes below $0.08, the next week can be bearish for the meme coin.
DOGE is trading at $0.0817 at press time.
SHIB/USD
Unlike DOGE, SHIB has not followed the rise of the meme coin, going down by 0.21%.
SHIB is trading near its crucial zone at $0.000010. The selling volume remains high, which confirms that it is too early to think about a reversal. In this case, fixation below the mentioned mark can be a prerequsite for the drop to the support at $0.00000907 soon.
SHIB is trading at $0.00001072 at press time.
Vladislav Sopov