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.
Buyers are not going to give up as all of the top 10 coins are in the green zone.
DOGE/USD
DOGE is rising slower than Bitcoin (BTC), going up by 0.91%.
Despite a slight rise, the price is still located near the level at $0.05737, which means that the meme coin have not accumulated enough power for a rise. If bulls cannot seize the initiative, the breakout of the support may happen very soon.
DOGE is trading at $0.05841 at press time.
SHIB/USD
SHIB could not follow the rise of DOGE, falling by 1.11% over the past 24 hours.
From the technical point of view, SHIB is trading similar to DOGE as the price keeps going down after the false breakout of the $0.000011 mark. In this case, the more likely scenario is an ongoing decline to the $0.000010 zone within the next few days.
SHIB is trading at $0.00001052 at press time.
Arman Shirinyan
Tomiwabold Olajide
U.Today Editorial Team
Vladislav Sopov
Dan Burgin