Dogecoin and Shiba Inu: Dogecoin back to 0.06000 level

<div><img width="1000" height="667" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2021/02/shutterstock_1301803843.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Dogecoin, Doge, cryptocurrencies" decoding="async" loading="lazy" /></div><h1><b>Dogecoin and Shiba Inu: Dogecoin back to 0.06000 level</b></h1>
<ul>
<li aria-level="1">Dogecoin price dropped to 0.06000 level yesterday.</li>
<li aria-level="1">This week’s Shiba Inu low price was formed yesterday at the 0.00000718 level.</li>
</ul>
<h2><b>Dogecoin chart analysis</b></h2>
<p>Dogecoin price dropped to 0.06000 level yesterday. It quickly gained support at that level and returned above the 0.06050 level. After that, we saw a bullish consolidation and a jump to the 0.06125 level, where we encountered new resistance. Dogecoin starts a new <a href="https://www.financebrokerage.com/unpacking-apollox-apx-volatility-meets-bearish-sentiment/">bearish</a> consolidation, but this time only up to support at the 0.06080 level.</p>
<p>The pressure is now in this zone, which could lead to continued weakening and descent to lower levels. Potential lower targets are 0.06070 and 0.06060 levels. We need a positive consolidation and a jump above the 0.06100 level for a bullish option. Then we need to stay there so that we can start further recovery from that place. Potential higher targets are 0.06120 and 0.06130 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-229007 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/09/bp6pSboi-1024×620.jpg" alt="Dogecoin chart analysis" width="1024" height="620" /></p>
<h2><b>Shiba Inu chart analysis</b></h2>
<p>This week’s Shiba Inu low price was formed yesterday at the 0.00000718 level. After that, the price makes a bullish consolidation and begins a recovery. We managed to climb up to the 0.00000733 level, and that’s where we meet today’s resistance. From that level, the price makes a pullback to the 0.00000726 level and again approaches yesterday’s support zone. A break below could lead us to a retest of yesterday’s support. Potential lower targets are the 0.00000722 and 0.00000720 levels.</p>
<p>We need a positive consolidation and a return to the zone around the 0.00000732 level for a bullish option. Then, we need a breakout above for a more concrete price recovery. We would also receive support in the EMA50 moving average, which would positively affect the Shiba Inu. Potential higher targets are the 0.00000734 and 0.00000736 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-229008 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/09/K8efCrc3-1024×620.jpg" alt="Shiba Inu Chart Analysis" width="1024" height="620" /></p>
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