Sat, 6/07/2024 – 16:57
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Most coins are bouncing back at the beginning of the weekend, according to CoinMarketCap.
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DOGE/USD
DOGE has gained a lot of value today, rocketing by almost 14%.
On the daily chart, one should pay attention to the candle’s closure.
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If it happens near its peak and far from the nearest level of $0.1064, the upward move may continue to the resistance of $0.1133 the upcoming week.
DOGE is trading at $0.1091 at press time.
SHIB/USD
SHIB has followed the rise of DOGE, going up by 15.24% since yesterday.
From the technical point of view, SHIB is looking less bullish than DOGE as the rate has bounced back far from the support. However, if buyers manage to fix the price above $0.00001550, the local growth may lead to a test of the $0.000016 range soon.
SHIB is trading at $0.00001538 at press time.
