The cryptocurrency market has seen increased selling activity at the beginning of the week. Dogecoin (DOGE) has experienced a 5.57% decline, with its price continuing to fall after a false breakout. If the daily bar closes near its current low, the price may decline further to a support level of $0.1154. This scenario is expected to remain relevant until the end of the week. At present, DOGE is trading at $0.1197. Shiba Inu (SHIB) has also followed DOGE's drop, falling by 8.43% since yesterday. Bears currently have control of the market, but if a false breakout of the $0.000017 - $0.00001750 range occurs, a bounce back to the $0.00001850 range can be expected. SHIB is currently trading at $0.00001813.



Other News from Today