The cryptocurrency market experienced a strong increased recovery overnight. In particular, the cryptographic space added 5.31% in 24 hours, which led to an increase in its evaluation to 3.52 billions of dollars. After that, the Memecoin market recorded the highest gains with higher tokens exceeding their important levels of resistance within the daily deadlines.
Will the same segment find his momentum lost this week and will he head for a new summit in the next Altcoin season? In this article, we have covered the possible analysis of short -term prices of the cryptographic tokens of Dogecoin (DOGE) and Shiba Inu (SHIB).
Dogeneous currency price on the point of retest its important support zone!
The Dogecoin price successfully recovered the momentum with a jump of ~ 7% in 24 hours. Despite the registration of a decrease of 2.78% in seven days, the largest same by market capitalization added 5.67% to its portfolio this year. This highlights a strong long -term bullish feeling.
The RSI indicator records a constant drop in the daily delay with its average trend line undergoing a downward curve. In addition, the EMA 50/200 days displays a similar price action, suggesting a negative perspective for the price of Dogecoin.
Maintaining the price higher than its level of support of $ 0.325 could open the way to this same to go to its level of upper resistance of $ 0.385 this week. On the contrary, if the bears exceed the bulls, it could lead to a dive towards its hollow of $ 0.30.
Curious to know if the Doge same will reach $ 5 in reading Dogecoin price prediction To understand any long -term price projections!
Shib Memecoin records an increase in price volatility!
Despite the recording of a lower action for a short period, the price of the Shib part added 7.04% to its evaluation, with a change of -10.94% in its daily negotiation volume. It would take a sustained optimistic action could lead to the value of this meme crypto jet recovering its large resistance of $ 0.000020.
The MacD indicator displays a constant drop in the red histogram with its averages recording a high possibility of an increased convergence. However, its SMA indicator acts constantly as resistance to the Shiba Inu price table. This highlights an increasing uncertainty for the 02nd same same on the market.
Suppose the Bulls take up an impulse, in this case, the price of the Shiba Inu retestra part of its level of resistance of $ 0.00002350. Conversely, an intensified lower action could lead to the price to its significant level of support of $ 0.0000170.
Are you one of the many who plan to invest in Shib Memecoin but who are concerned about his long-term objectives? Read Shiba Inu price prediction!
Faq
The price of the Doge currency will require a leap 1,393.25% In its current assessment to reach the $ 5 milestone.
With a market capitalization of $ 50.002 billion, the largest same exchange of hands at $ 0.3,3484.
At the time of writing, the value of a SHIB same was $ 0.0000,1914.