Disclaimer: The opinion expressed herein is not investment advice; it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and trade involves risk, so you should always do your own research before making any decisions. We advise against investing money that you cannot afford to lose.
The last day of the week is more bullish than bearish for most coins.
DOGE/USD
DOGE could not keep up with the rise of other altcoins, falling 0.46%.
Despite the drop, DOGE is trading sideways in the wide range between support at $0.06581 and resistance at $0.08. For now, traders should pay attention to the local level at $0.07.
If the buyers lose it, there is a good chance of seeing a further drop to the $0.068 area. Such a scenario is relevant until the end of the month.
DOGE is trading at $0.07157 at press time.
SHIB/USD
SHIB followed the fall of DOGE, down 0.38% in the last 24 hours.
Despite the decline, the SHIB rate is in the bullish zone. While the price is above the support at $0.00000830, the buyers are dominating the market. In this case, the growth may continue up to the resistance at $0.00000875.
SHIB is trading at $0.00000841 at press time.
