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Buyers are not going to give up so easily, according to the CoinMarketCap ranking.
DOGE/USD
The rate of DOGE has increased by 0.80% over the last 24 hours.
Despite today's rise, the price of DOGE is far from a bullish reversal as the meme coin has not accumulated enough energy for such a move. If buyers want to keep the upward move going, they need to get to the interim zone of $0.066.
Denys SerhiichukOnly in that case is there a chance to see a test of the resistance of $0.06843.
DOGE is trading at $0.06183 at press time.
SHIB/USD
SHIB has gained less than DOGE, rising by 0.53%.
The rate of SHIB remains bearish as the price is still below the vital level of $0.00000742. However, if the candle closes near it or even above it, buyers might seize the initiative, which can lead to further growth to the $0.00000760 range.
SHIB is trading at $0.00000733 at press time.
Vladislav Sopov
Tomiwabold Olajide
Dan Burgin
Alex Dovbnya