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 drop has continued today as none of the top 10 coins is in the green zone.
DOGE/USD
DOGE is one of the biggest losers today, going down by 11%.
On the daily chart, DOGE broke the support level at $0.09; however, it is trying to for this level today. If the price fixes above it against the increased volume, there are chances to see a correction to the vital zone of $0.1 by the end of the week.
DOGE is trading at $0.08943 at press time.
SHIB/USD
SHIB is following the drop of DOGE, declining by 8.91% since yesterday.
On the daily chart, SHIB has reached the support level at $0.00000924 against the declining volume. Currently, one needs to pay attention to the closure of the bar.
If that happens near the level, one can expect the sharp dump to the $0.00000850 zone shortly.
SHIB is trading at $0.00000987 at press time.
Alex Dovbnya
Tomiwabold Olajide
