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

Dogecoin and Shiba Inu: Shiba rises to two-week high

by August 22, 2024
written by August 22, 2024

Dogecoin and Shiba Inu: Shiba rises to two-week high

Last night, the Dogecoin price climbed to a new weekly high at the 0.10797 level
Last night, the Shiba Inu price formed a new weekly high at 0.00001423

Dogecoin chart analysis

Last night, the Dogecoin price climbed to a new weekly high at the 0.10797 level. After that, the price lost its previous momentum and stopped there, triggering a bearish consolidation. This morning, we saw a descent to support at the 0.10400 level. Here, we sat the EMA 50 moving average, which stopped further pullback. The price stabilized in that zone and started a new bullish consolidation.

Dogecoin is now at 0.10580 and could soon return above the daily open price of 0.10600. Potential higher targets are the 0.10700 and 0.10800 levels. For a bearish option, we need a negative bearish consolidation. A revisit to this morning’s support zone would be a sign that the price is under more pressure. After that, we expect to see a further pullback and the formation of a new lower low. Potential lower targets are the 0.10300 and 0.10200 levels.

 

Shiba Inu chart analysis

Last night, the Shiba Inu price formed a new weekly high at 0.00001423. During the morning, the price could not withstand the pressure in that zone and began to retreat. The new support level is at 0.00001390, after which we turned again to the bearish side. Now, we are again above the daily open price and moving around the 0.00001420 level. We are close to this week’s high, and a break above to a new weekly high could easily happen.

Potential higher targets are 0.00001430 and 0.00001440 levels. We need a negative consolidation retracement below the 0.00001400 level for a bearish option. With that step, Shiba Inu would move away from the previous path and turn to the bearish side. Potential lower targets are 0.00001380 and 0.00001360 levels. Additional price support is the EMA 50 moving average in the 0.00001380 zone.

 

The post Dogecoin and Shiba Inu: Shiba rises to two-week high appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
More than 28% of Americans are searching for new jobs — the highest rate in a decade
next post
INTC Stock: What You Need to Know Before Investing

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

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

April 21, 2025

Fed’s Stagflation Warning Impacts Crypto Markets

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

  • DOJ forms Russiagate ‘strike force’ to investigate declassified Obama-era evidence

    July 24, 2025
  • Trump signs proclamation declaring February 9 ‘Gulf of America Day’ ahead of Super Bowl: ‘Another big win’

    February 10, 2025
  • Bipartisan House resolution aims to condemn phrase that’s created firestorm for Zohran Mamdani

    July 17, 2025
  • JD Vance says Trump clashed with former officials for refusing to engage in ‘ridiculous war’

    October 27, 2024
  • Retailers saw a dismal fall quarter. The election seems to be turning things around.

    November 27, 2024

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

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

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

    December 4, 2024
  • 5

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,272)
  • Investing (634)
  • Stock (935)

Latest Posts

  • Senate Republican campaign committee ‘grills’ Chuck Schumer on National Hamburger Day

    May 28, 2025
  • The president who couldn’t quit: Jimmy Carter’s foreign policy legacy goes beyond the White House

    January 7, 2025
  • House Dems issue response to GOP report on Biden’s withdrawal from Afghanistan

    September 9, 2024

Recent Posts

  • Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.

    January 15, 2025
  • Jeffries stalls Trump’s ‘big, beautiful bill’ for hours after House GOP mutiny breakthrough

    July 3, 2025
  • Trump tax cut plan hits turbulence ahead of House vote as Republicans split

    February 24, 2025

Editor’s Pick

  • Bitcoin could fall to a new weekly low

    September 6, 2024
  • Ford joins list of companies walking back DEI policies

    August 29, 2024
  • Trump to get annual physical, saying he ‘never felt better’

    April 11, 2025
  • 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