đŽ$DOGE and $SHIB Already Increased 50% But Still More to ComeđŽ
With a strong bullish recovery in the cross-border financial system, Bitcoin has surged over 11% in the past week, reclaiming the $65,000 mark with a market cap of $1.251 trillion. This bullish sentiment has also impacted top memecoins like Dogecoin and Shiba Inu.
Dogecoin Price Records Increased Volatility:
Recent Performance: DOGE has seen positive price action for five consecutive days, adding 21.19% to its portfolio. It has jumped 13.04% in the past seven days and has a YTD return of 36.19%.Technical Indicators: The EMA 50/200-day has recorded a Death Cross but is on the verge of a Golden Cross, with the MACD showing a rising trend. This suggests a high possibility of a bullish reversal.
Price Targets: If DOGE surpasses its resistance level of $0.12730, it could test the upper level of $0.155. Conversely, if bears regain momentum, it could drop to $0.10112.
Shiba Inu (SHIB) Price Action:
Recent Performance: SHIB has added 9.01% to its portfolio in the past day, with a trading volume of $706.003 million. It has surged by 18.92% over the past week.
Technical Indicators: Similar to DOGE, SHIBâs SMA and MACD indicate increased price volatility.
Price Targets: If bulls dominate, SHIB could reach its upper resistance level of $0.00002350. If bears regain power, it could retest its low of $0.00001175 this month3
#shiba⥠#doge⥠#FLOKISKYROCKET $FLOKI #Mt_Gox_BTC_Dip #ETH_ETF_Approval_23July
