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Buyers are holding the initiative on the last day of the week, according to CoinMarketCap.
DOGE/USD
The rate of DOGE has declined by 5.72% since yesterday. Over the last week, the price has almost not changed.
On the daily chart, the price of DOGE is far from the key levels, meaning neither bulls nor bears have accumulated enough energy for a sharp move.
Denys SerhiichukThe falling volume also confirms such a statement. In this case, ongoing sideways trading in the $0.12-$0.14 zone is the more likely scenario.
DOGE is trading at $0.1297 at press time.
SHIB/USD
SHIB has followed the drop of DOGE, going down by 3.52%.
From the technical point of view, SHIB is also looking bearish. At the moment, the rate is on the way to test the support level of $0.00001592. If a breakout happens, the fall is likely to continue to the $0.000015 area next week.
SHIB is trading at $0.00001677 at press time.
Yuri Molchan
Tomiwabold Olajide
Vladislav Sopov
Dan Burgin