Dogecoin and Shiba Inu: Dogecoin up to resistance at 0.0735
The price of Dogecoin only went up to 0.07350 level, after which we see a pullback. This morning’s Shiba Inu growth stopped at the 0.00000910 level.Dogecoin chart analysis
The price of Dogecoin only went up to 0.07350 level, after which we see a pullback. Today’s low price is 0.07250 level. We are still in a longer bearish consolidation, which would mean further decline and testing of the previous low. Potential lower targets are 0.07200, 0.07100, and 0.07000 levels. Potential higher targets, if we break out of the negative consolidation, are 0.07400, 0.07500, and 0.07600 levels.
Shiba Inu chart analysis
This morning’s Shiba Inu growth was stopped at the 0.00000910 level. After that, the price makes a pullback to the 0.00000890 support level. In the last couple of hours, we manage to stay at that level and stop a potential drop to lower levels of support. Potential lower targets are the 0.00000880, 0.00000870, and 0.00000860 levels.
We need a positive consolidation and a jump to the 0.00000920 level for a bullish option. Thus, we would form a new higher high, which would mean a potential continuation of the recovery. Potential higher targets are the 0.00000930 and 0.00000940 levels. Additional resistance at the 0.000000940 level is the EMA50 moving average.
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