DOGE and SHIB Price Analysis for May 8

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Can the meme coins withstand the market fall? Dogecoin dogecoin jasdoge DogecoinMemes RacerDoge

If nothing changes and the selling volume goes up, traders can expect a breakout and further downward move to the $0.1150 mark soon.SHIB has lost more than DOGE, going down by 4.

63% since yesterday, while the drop over the last seven days has reached almost 10%.From the technical point of view, SHIB is also coming back to its support level at $0.00001695. Respectively, the upcoming week is also likely to be bearish for the meme coin. However, if buyers can return the rate above $0.000020, a correction may occur.

 

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