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Buyers have proven to be more powerful than sellers, according to CoinMarketCap.
DOGE/USD
The DOGE rate has increased by 0.81% since yesterday.
Despite today's rise, DOGE price has not accumulated enough energy to rise. Until the rate is below the $0.08028 level, it is still possible to see a correction.
So, volume is low, meaning buyers are not willing to buy at current prices.
DOGE is trading at $0.07882 at press time.
SHIB/USD
SHIB is gaining less than DOGE, up 0.13% in the last 24 hours.
On the daily chart, SHIB price appears bearish as it is still located near the support level. If the bar closes below the $0.00000880 mark, the accumulated energy could be enough for a breakout, followed by a decline to the $0.00000850 zone.
SHIB is trading at $0.00000889 at press time.
BONK/USD
The BONK rate increased by 1.72%.
From a technical perspective, BONK price is on track to test the $0.000009246 support level. If this happens, traders could expect a sharp decline to the $0.0000080 area soon.
BONK is trading at $0.00001004 at press time.
WIF/USD
WIF is an exception to the rule, down 8.27% over the last 24 hours.
On the daily chart, traders should focus on the closing bar in terms of the $0.1833 support level. If this occurs below this bar, the fall could lead to a test of the $0.16 area.
WIF is trading at $0.18012 at press time.
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