Dogecoin and Shiba Inu: Dogecoin falls below the 0.06000
- The Dogecoin price slipped slightly to the 0.05800 level yesterday.
- Yesterday we saw the Shiba Inu price pull back to the 0.00000645 level.
Dogecoin chart analysis
The Dogecoin price slipped slightly to the 0.05800 level yesterday. Now we are already back above the 0.06000 level and see consolidation at that level. We could expect to see a continuation of the bullish consolidation. Potential higher targets are 0.06200 and 0.06300 levels. For a bearish option, we need a pullback of the 0.05900 level.
Thus, we would move to the negative side, which would have an impact on the further decline in the price of Dogecoin. Potential lower targets are 0.05800 and 0.05700 levels.
Shiba Inu Chart Analysis
Yesterday we saw the Shiba Inu price pull back to the 0.00000645 level. The price quickly finds support at that level and begins a recovery. Bullish consolidation brought us to the 0.00000660 level. For now, we have resistance at that point and are currently holding slightly below that level.
To continue above, we need positive consolidation and a breakout above. If we succeed in that intention, potential higher targets are 0.00000680 and 0.00000700 levels.
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