Bulls could not hold the initiative until the end of the week, according to CoinMarketCap.
Top coins by CoinMarketCapDOGE/USD
The rate of DOGE has dropped by 1.83% since yesterday. Over the last week, the price has risen by 6.36%.
Image by TradingView
On the daily chart, the price of DOGE remains bearish while it is below the resistance level of $0.1147. However, if a breakout happens, there is a chance of a test of the $0.12-$0.1250 area next week.
DOGE is trading at $0.11 at press time.
SHIB/USD
The price of SHIB has gone down by 2.02% over the last day.
Image by TradingView
From the technical point of view, the rate of SHIB is trading similarly to DOGE.
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If buyers seize the initiative and restore the price to the upper level, traders may witness a breakout followed by a move to the $0.000017 range.
SHIB is trading at $0.00001514 at press time.
