Connect with us

Hi, what are you looking for?

Investing

Dogecoin and Shiba Inu: Dogecoin is holding above 0.06800

Dogecoin and Shiba Inu: Dogecoin is holding above 0.06800

This morning we saw the Dogecoin price once again above the 0.06900 level.
Shiba Inu’s price rose to 0.00000788 levels this morning.

Dogecoin chart analysis

This morning we saw the Dogecoin price once again above the 0.06900 level. We stayed up there for a short time, and the price started a pullback to the 0.06800 level. For now, we manage to get support at that level, and thus, the pullback has been stopped. With a break below, we could expect to see further declines and testing of lower support levels.

Potential lower targets are 0.06700 and 0.06600 levels. At the 0.06700 level, additional price support could be in the EMA50 moving average, which could stop further decline. We need a positive consolidation and a jump first to the 0.06900 level for a bullish option. Then we also need to maintain ourselves up there, in order to consolidate there. After that, we could expect to see further price growth. Potential higher targets are 0.07000 and 0.07100 levels.

Shiba Inu Chart Analysis

Shiba Inu’s price rose to 0.00000788 levels this morning. After that, the growth is stopped at that level, and the price began to retreat to the 0.00000760 level. Additional support at that level is in the EMA50 moving average. The price receives support at that point, and new bullish impulses begin, pushing the price up to the 0.00000770 level. Now we need a break above the 0.00000780 level in order to be able to test the previous high at the 0.00000790 level.

We need a break above the 0.00000790 level to continue on a bullish option. Then we need to hold up there before moving on to the bullish side. Potential higher targets are the 0.00000800 and 0.00000810 levels.

 

The post Dogecoin and Shiba Inu: Dogecoin is holding above 0.06800 appeared first on FinanceBrokerage.

    You May Also Like

    Economy

    Boeing’s crew spacecraft Starliner will stay docked with the International Space Station into August, NASA confirmed on Thursday, as the mission remains on hold...

    Editor's Pick

    In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the...

    Stock

    S&P 500 pared back its intraday gain on Wednesday following a Bloomberg report that Royal Group has built a multi-billion-dollar short position in U.S....

    Economy

    A U.S. judge has ruled that former Bed Bath & Beyond investor Ryan Cohen can be sued by investors over a tweet he posted featuring an...

    Disclaimer: Richpeoplenetworks.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 Richpeoplenetworks.com