• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Economy

Dogecoin and the Shiba Inu: Dogecoin is failing to stabilize

by July 25, 2024
written by July 25, 2024

Dogecoin and the Shiba Inu: Dogecoin is failing to stabilize

The price of Dogecoin fell to a new low this morning at the 0.12200 level. 
Yesterday’s Shiba Inu bullish consolidation was stopped at the 0.00001760 level.

Dogecoin chart analysis

The price of Dogecoin fell to a new low this morning at the 0.12200 level. Support at 0.12800 did not hold, and a break below occurred. The EMA 200 moving average also failed to hold us above. After that, we saw the initiation of a bearish consolidation below and the formation of a new low. For now, the price manages to hold and recover slightly to 0.12425. We need to see a continuation of this consolidation for further recovery.

Potential higher targets are the 0.12600 and 0.12800 levels. For a bearish option, we need a negative consolidation and a new test of the previous low. This will increase the bearish momentum, and Dogecoin could slide to a new lower low. Potential lower targets are the 0.12000 and 0.11800 levels.

 

Shiba Inu chart analysis

Yesterday’s Shiba Inu bullish consolidation was stopped at the 0.00001760 level. After that, the price started a pullback, which continued this morning to 0.00001598. We then saw a pullback stop there and a slight price recovery to the 0.00001625 level. We expect to see a continuation of the bullish consolidation and a move to the previous higher levels.

Potential higher targets are 0.00001640 and 0.00001660 levels. The first major resistance will be found in the EMA 50 moving average at the 0.00001700 level. A bearish price option requires the Shiba Inu to return to this morning’s support zone. This puts pressure on this morning’s low again. A new bearish impulse would push Shiba Inu to a new low and thus confirm the continuation to the bearish side. Potential lower targets are 0.00001580 and 0.00001560 levels.

 

The post Dogecoin and the Shiba Inu: Dogecoin is failing to stabilize appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
ApeCoin and the Akita Inu: Akita collapses under pressure
next post
Crypto Tax UK: Comprehensive Guide for 2024

related articles

Oil Prices Rebound After Trump’s Criticism of Powell

April 22, 2025

Trump’s Fed Criticism Sparks Investor Concerns

April 22, 2025

Buy Bitcoin Under $100K Before The Next Bull...

April 22, 2025

BNB Price Surge Leads Crypto Gains as Bitcoin...

April 21, 2025

Fed’s Stagflation Warning Impacts Crypto Markets

April 21, 2025

Bitcoin Slips to $83.6K Amid Nvidia’s $5.5B Charge

April 21, 2025

Gold Price Surge Hits $3,385 Amid Trade Tensions

April 21, 2025

Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

April 21, 2025

Memecoins, AI, and DeFi Tokens Lead Crypto Rebound

April 21, 2025

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Direct Line Share Price Is Fluctuating. What’s the Forecast?

    August 7, 2024
  • ‘Stealing American jobs’: Anti-CCP group unleashes ad demanding GOP lawmakers back Trump on saving US farms

    January 23, 2025
  • Barron Trump is all grown up: A look at the first son’s transformation from 2017 to 2025

    January 21, 2025
  • Putin hit man seen as Russia’s big prize in prison swap: ‘High-value asset’

    August 1, 2024
  • Trump makes historic UAE visit as first US president in nearly 30 years

    May 15, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,602)
  • Investing (634)
  • Stock (867)

Latest Posts

  • From department store to ice rink: How shuttering Macy’s will spur a shopping mall rebrand

    August 13, 2024
  • Hegseth abruptly pulls Pentagon officials from ‘globalist’ Aspen conference

    July 15, 2025
  • The dollar index could continue to pull back this week

    September 30, 2024

Recent Posts

  • ‘Trump card’: Internal House GOP memo reveals confidence amid dead-heat presidential race

    October 28, 2024
  • Poll position: How Trump’s approval rating compares to his presidential predecessors

    April 18, 2025
  • JD Vance says he was confronted by pro-Ukrainian protesters while walking with toddler daughter

    March 9, 2025

Editor’s Pick

  • Democrat senator reacts to Gaetz nomination: ‘Red alert moment’

    November 14, 2024
  • Embattled Secret Service director to tell top House committee ‘we failed’ to protect Trump

    July 22, 2024
  • Hezbollah fires barrage of rockets into Israel after IDF targets Hezbollah command centers in Beirut

    November 25, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock