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The rates of most of the coins are facing a correction; however, there are some exceptions to the rule, according to CoinMarketCap.
DOGE/USD
The rate of DOGE has declined by 4.75% over the last 24 hours.
On the daily chart, the price of DOGE could not keep the growth up after yesterday's bullish closure.
If today's bar closes near the support of $0.1380, one can expect a breakout, followed by a further correction to the $0.13 zone.
DOGE is trading at $0.1430 at press time.
SHIB/USD
SHIB has lost less than DOGE, going down by 0.81%.
The rate of SHIB has fixed below the $0.00002966 level. If the decline continues until the end of the day, traders are likely to see a test of the $0.000020 area this week.
SHIB is trading at $0.00002699 at press time.
Mushumir Butt
Gamza Khanzadaev
Tomiwabold Olajide
