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The weekend has begun with the continued fall of the market as most of the coins are in the red zone. XRP is the only exception from the rule, rising by 5.72% since yesterday.
Unlike most of the other coins, DOGE has come back to the green zone, going up by 0.88% over the last 24 hours.
Despite slight growth, DOGE is unable to return to the mid-term growth. At the moment, one needs to pay close attention to the support level at $0.1310.
If bulls fail to hold and a breakout happens, there is a high probability to see the rate of the meme coin around the zone of $0.1 within the next few weeks.
DOGE is trading at $0.1418 at press time.
SHIB could not follow the rise of DOGE, falling by 4%.
SHIB keeps trading in a wide channel between the zone of the most liquidity at $0.00003345 and the support level at $0.00001704. If the rate can return to $0.0000030 and stay there, buyers might have chance to seize the initiative.
However, if the pressure continues, the fall may bring the rate to the area around $0.000020 soon.
SHIB is trading at $0.00002764 at press time.
With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at firstname.lastname@example.org.
Disclaimer: Any financial and market information given on U.Today is written for informational purpose only. Conduct your own research by contacting financial experts before making any investment decisions.