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Bulls could not hold the initiative until the end of the week, according to CoinMarketCap.
DOGE/USD
The rate of DOGE has dropped by 1.83% since yesterday. Over the last week, the price has risen by 6.36%.
On the daily chart, the price of DOGE remains bearish while it is below the resistance level of $0.1147. However, if a breakout happens, there is a chance of a test of the $0.12-$0.1250 area next week.
DOGE is trading at $0.11 at press time.
SHIB/USD
The price of SHIB has gone down by 2.02% over the last day.
From the technical point of view, the rate of SHIB is trading similarly to DOGE.
Related
If buyers seize the initiative and restore the price to the upper level, traders may witness a breakout followed by a move to the $0.000017 range.
SHIB is trading at $0.00001514 at press time.