Shiba Inu [SHIB]Dogecoin: What is this week's price prediction?

Dogecoin reacted faster in the support zone than Shiba Inu.

Most of the SHIB bulls and bears were probably left on the sidelines, with neither side able to overwhelm the other.

Dogecoin [DOGE] Shiba Inu [SHIB]

a considerable decline during the last three weeks. Shiba Inu bulls showed a lack of conviction while Dogecoin bulls were eager to lead the meme coin rally.

The sentiment behind bitcoin [BTC] is also likely to play a major role in capital inflows into meme coins in the coming weeks. Fibonacci retracement levels highlighted key areas for both tokens.

Dogecoin has recovered

long after the setback

The OBV has formed higher lows throughout March, indicating a lack of firm selling pressure.

The 61.8% Fibonacci retracement level was retested as support on March 19. This sparked a positive reaction from buyers and DOGE has gained 39.2% from the recent low.

The $0.18-$0.194 area is expected to oppose the buyers' march north. A move beyond $0.206 would indicate that DOGE is rising towards $0.283 or potentially higher.

The $0.18-$0.194 area is expected to oppose the buyers' march north. A move beyond $0.206 would indicate that DOGE is rising towards $0.283 or potentially higher.

The heat map of liquidation levels showed that the nearest liquidity pocket was in the $0.176-$0.178 area. Even higher, the $0.195 level stood out on the heat map, marking it as another level of interest.

To the south, the $0.14-$0.146 region and the vicinity of $0.137 had a notable amount of estimated liquidations. Given DOGE's momentum, further upside is likely.

However, it was unclear whether prices would revert below $0.2 or maintain