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 prices of some coins keep rising; however, there are some exceptions, according to CoinMarketCap.
DOGE/USD
The rate of DOGE has increased by 4.79% since yesterday. Over the last week, the price has risen by 15.20%.
On the daily chart, the price of DOGE is rising after a false breakout of the support level at $0.1260. If the growth continues and the bar closes near the resistance, one can expect a blast to the $0.20 zone soon.
DOGE is trading at $0.1719 at press time.
SHIB/USD
SHIB has gained less than DOGE, going up by 0.75%.
The rate of SHIB is in the middle of the channel between the support at $0.00002380 and the resistance at $0.00003020.
Denys SerhiichukAs neither side has seized the initiative yet, ongoing consolidation in the area of $0.000027-$0.000029 is the more likely scenario for next week.
SHIB is trading at $0.00002788 at press time.
Godfrey Benjamin
Tomiwabold Olajide
Dan Burgin
Vladislav Sopov