Dogecoin
The price of Dogecoin has seen a significant drop recently, falling 10% in the past week and 33% in the last month. However, it has more than doubled in value over the past six months. Currently, it is trading between $0.14 and $0.16. The market trend appears to be correcting as the price tilts towards the lower limit of the recent range.
DOGE is at a crossroads, with the potential to rise if it breaks the $0.17 resistance, but could fall to $0.13 if the current support fails. While people are excited about its potential rise to $0.20, caution is warranted as it could also test the $0.11 level. The coin’s performance suggests a mixed future, with volatility likely to go both ways.
SHIB
The price of Shiba Inu has been unstable recently. Currently, its cost is between $0.00002277 and $0.00002691. It has fallen by about 10% in the past week. From the last month, it has fallen by nearly 23%. But in the past six months, it has risen by more than 200%. The price trend seems to be correcting and is currently facing some selling pressure.
Predicting the future of SHIB is tricky. It could go up if people get excited about it again or find it more useful. But it could also go down if investors lose interest or sell off in large numbers. The nearest level it could start climbing is $0.00002959, but if it falls, it could drop to $0.00002131. Investors are watching carefully, hoping to see signs of where it is headed.
(Personal opinion, not a recommendation)
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