Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Bears are not going to give up, according to the CoinMarketCap ranking.
DOGE/USD
DOGE is the biggest loser out of the top 10 coins, falling by 3.69%.
Despite today’s fall, there are high chances to see a further drop if buyers cannot hold the $0.10 mark. In addition, the volume keeps decreasing, which means that bulls are not ready to buy at current prices. The nearest mark where a bounce back is possible is $0.09665.
DOGE is trading at $0.09975 at press time.
SHIB/USD
SHIB is less of a loser than DOGE, going down by 1.96%.
SHIB is trading sideways after the false breakout of the resistance at $0.00000967. If buyers want to get back in the game, they need to restore the price at least to the $0.0000096 mark. If that does not happen within the next few days, the fall may continue to the $0.000009 zone.
SHIB is trading at $0.00000931 at press time.
