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 market keeps setting new lows as the rates of all of the top 10 coins are falling.
DOGE/USD
The price of DOGE has fallen by 0.67% since yesterday.
DOGE is looking bearish on the daily chart after the false breakout of the resistance level at $0.09461. If the candle closes near the $0.08 mark, there is a high possibility of seeing a sharp drop to the $0.075 zone by the end of the month.
DOGE is trading at $0.08412 at press time.
SHIB/USD
SHIB is not an exception to the rule, falling by 1.30%.
From the technical point of view, SHIB is located closer to the support than to the resistance. If bulls cannot hold the initiative, one can expect the test of the $0.00000861 mark soon.
SHIB is trading at $0.00000913 at press time.
Gamza Khanzadaev
Godfrey Benjamin
Vladislav Sopov
Dan Burgin