Can DOGE or SHIB bounce back soon? Dogecoin dogecoin jasdoge DogecoinMemes RacerDoge crypto cryptocurrency doge
DOGE could not follow the rise of other coins, falling by 1.26% over the last 24 hours.
On the weekly chart, DOGE keeps trading in the middle of the channel, accumulating power for a further move. The volume has fallen, which means that neither bulls nor bears have seized the initiative. In this case, the more likely scenario is ongoing consolidation in the range of $0.08-$0.09. SHIB is even more of a loser than DOGE, going down by 2.54%.
From the technical point of view, SHIB has lost more than DOGE as the rate is located closer to the support than to the resistance. However, if buyers can hold the price above the $0.000013 mark, there is a chance to see further slight growth to the middle of the channel around $0.00001350.
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