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.
Bulls tend to be more powerful than bears on the first day of the week, according to CoinStats.
DOGE/USD
The price of DOGE has increased by 0.68% over the past 24 hours.
On the daily chart, the rate of DOGE is approaching the recently formed resistance of $0.06296. If buyers keep the price around that mark, the accumulated energy should be enough for a blast to the $0.065 zone soon.
DOGE is trading at $0.06245 at press time.
SHIB/USD
SHIB has followed the rise of DOGE, going up by 1.11%.
Today's rise has not affected the general position of DOGE on the chart. The rate remains far from the level of $0.00000757, which means that it is too early to think about a reversal.
Denys SerhiichukIn this case, sideways trading in the area of $0.00000730-$0.00000750 is the more likely scenario for the following week.
SHIB is trading at $0.00000735 at press time.
Arman Shirinyan
Alex Dovbnya
Dan Burgin
Vladislav Sopov