Advertisement
AD

Main navigation

Advertisement
AD
Advertisement

DOGE and SHIB Price Analysis for May 8

Advertisement
Sun, 8/05/2022 - 17:30
DOGE and SHIB Price Analysis for May 8
Cover image via www.tradingview.com

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.

Read U.TODAY on
Google News

Bulls could not withstand bears' pressure this week as all of the top 10 coins keep trading in the red zone.

Advertisement
Article image
Top coins by CoinMarketCap

DOGE/USD

DOGE has followed the drop of Bitcoin (BTC), falling by 1.51% over the past 24 hours.

Article image
DOGE/USD chart by Trading View

Analyzing the daily chart, DOGE is returning back to the blue level at $0.1220.

Related

If nothing changes and the selling volume goes up, traders can expect a breakout and further downward move to the $0.1150 mark soon.

DOGE is trading at $0.1255 at press time.

SHIB/USD

SHIB has lost more than DOGE, going down by 4.63% since yesterday, while the drop over the last seven days has reached almost 10%.

Article image
SHIB/USD chart by TradingView

From the technical point of view, SHIB is also coming back to its support level at $0.00001695. Respectively, the upcoming week is also likely to be bearish for the meme coin. However, if buyers can return the rate above $0.000020, a correction may occur.

SHIB is trading at $0.00001883 at press time.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD