DogeCoin shows some resistance firm its roots. DogeCoin has fixed its place among the top ten cryptocurrencies. It has snatched 9th position in the market. Currently, DogeCoin is trading with $0.279146.
The high recorded price of the coin in the last 24 hours is $0.292361. However, the low recorded price is $0.265105. Besides, the coin has dropped down by -0.3% in the last hour.
In addition to that, the coin has lowered its price by 0.1% in the last seven days. But on the other hand, it has moved up by 4.9% in the last twenty-four hours.
Unveils, that the coin was in trouble in the last seven days as it has lost its worth but had entered a safe zone in the last 24 hours. But in the last hour, it has once again entered a red zone.
Shiba’s price is $0.09905605 in the digital market. The coin has got 11th rank in the market. Though it was 9 and then 10 but last few days were hectic for the coin.
The high recorded price of the coin is $0.00005850 while the low noted price is $0.00005344. Indeed, the coin has dropped down a lot.
In the last hour, Shiba has dropped down by -0.4%. Moreover, the last twenty-four hours are also awful for the coin as it has lowered by -2.6%. In addition to that, the last seven days have also the same result and the coin has lost its worth by -16.4%.
Thus, the Last seven days, twenty-four hours and even the last hour passed very dreadful for Shiba. It frequently drops its value and is again moving back to its former low price. Seems like Shiba’s future is in danger once more.
There are good and bad times for every coin. But the situation shows that Shiba is about to experience another downfall this time. As it’s the seventh day that Shiba is dropping down.
In a nutshell, DogeCoin and Shiba both are resisting hard in the market. But DogeCoin has maintained somehow its price worth in the last 24 hours but Shiba has lost its value on a big scale.
Consolidation so far is encouraging and with other indicators lining up for a bullish formation, CHZ is likely to test its ATH of $0.65 again. Should it continue to break upwards, a new ATH of $0.72 is attainable over the next few weeks based on the symmetrical triangle’s targets. For long-term investors, $1 is on the cards.
Support: $0.46, $0.42, $0.4
Resistance: $0.49, $0.52, $0.56