Connect with us

Hi, what are you looking for?

Deluxe Investment Group – Investing and Stock NewsDeluxe Investment Group – Investing and Stock News

Economy

Dogecoin and Shiba Inu: Dogecoin slips below 0.0700 level

Dogecoin and Shiba Inu: Dogecoin slips below 0.0700 level

Dogecoin price dropped to the 0.06831 support level yesterday. 
Yesterday, we saw Shiba Inu’s price retreat from 0.00001060 to 0.00000940. 

Dogecoin chart analysis

The price of Dogecoin dropped to the 0.06831 support level yesterday. Recovery and consolidation at the 0.07100 level soon followed. Now, we see a new negative consolidation and a decline to the 0.07040 level. We could test the 0.07000 level soon. The new breakout below is at the door and could happen again today. Potential lower targets are 0.06900 and 0.06800 levels.

We need a positive consolidation and a move to the 0.07200 level for a bullish option. Then we need to hold on up there in order to form a new bottom there. After that, we need another bullish impulse to continue the recovery. Potential higher targets are 0.07300 and 0.07400 levels.

Shiba Inu chart analysis

Yesterday, we saw Shiba Inu’s price retreat from 0.00001060 to 0.00000940. We stayed down for a short time, and the Shiba Inu recovered to the 0.00001015 level. There, we encounter a new resistance, and prices start another retreat. We are currently at the 0.00000990 level and could continue towards the 0.00000980 support level. Potential lower targets are 0.00000960 and 0.00000940 levels.

We need a positive consolidation and a jump to the 0.000001020 level for a bullish option. Then, we would have to stay there and in that place, form a new bottom for the next bullish impulse. Potential higher targets are 0.00001040 and 0.00001060 levels.

The post Dogecoin and Shiba Inu: Dogecoin slips below 0.0700 level appeared first on FinanceBrokerage.

Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!



    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Latest News

    Florida Gov. Ron DeSantis (R) needs a massive infusion of cash in the next two months of the Republican presidential primary race to help...

    Editor's Pick

    ERP or Enterprise Resource Planning solutions help businesses of all sizes manage their daily business operations. First used in the 1990s, ERP systems have...

    Economy

    Amp’s 223.67% Leap: Analyzing the Sudden Spike The cryptocurrency community has recently been set abuzz by the phenomenal rise of Amp (AMP). Just in...

    Latest News

    The United States could be on track for a Joe Biden-Donald Trump rematch in 2024, but it’s the president’s son Hunter Biden who earned...

    Disclaimer: Deluxeinvestmentgroup.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 deluxeinvestmentgroup.com