Dogecoin and Shiba Inu: Doge fell to 0.07500 this morning

<div><img width="1000" height="667" src="https://www.financebrokerage.com/wp-content/uploads/2021/09/shutterstock_1976289767.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bitcoin, Ethereum, Dogecoin and positive movements today" decoding="async" loading="lazy" /></div><h1><b>Dogecoin and Shiba Inu: Doge fell to 0.07500 this morning</b></h1>
<ul>
<li aria-level="1">The price of Dogecoin continues its retreat for the fourth day in a row.</li>
<li aria-level="1">The Shiba Inu price pulled back to the 0.00000820 level this morning.</li>
</ul>
<h2><b>Dogecoin chart analysis</b></h2>
<p>The price of Dogecoin continues its retreat for the fourth day in a row. Today’s low price is 0.07500; for now, we manage to hold above and start a recovery. This bullish consolidation moved Dogecoin to the 0.07720 level. We are currently testing the EMA50 moving average at this level and need a break above to continue towards the 0.07800 level. Potential higher targets are 0.07900 and 0.0800 levels.</p>
<p>We need a negative consolidation and a price return down to the 0.07600 <a href="https://www.financebrokerage.com/the-dollar-index-could-soon-test-the-102-00-support-level/">support level</a> for a bearish option. A break below could form a new low and thus confirm a bearish continuation. Potential lower targets are 0.07400 and 0.07300 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-216050 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/08/nQ0jNJaL-1024×621.jpg" alt="Dogecoin chart analysis" width="1024" height="621" /></p>
<h2><b>Shiba Inu Chart Analysis</b></h2>
<p>The Shiba Inu price pulled back to the 0.00000820 level this morning. Additional price support at that level is in the EMA50 moving average. This was followed by a bullish impulse and growth up to 0.00000840.</p>
<p>For now, we have resistance in that zone and need a breakthrough above for further continuation to the bullish side. Potential higher targets are 0.00000850 and 0.00000860 levels. Last week’s high around 0.00000870 was the next obstacle for further recovery.</p>
<p>We need a negative consolidation and a new price pullback to the 0.00000820 level for a bearish option. Then, we need a break below it and the EMA50 moving average. This would negatively affect the price and send it to lower support levels. Potential lower targets are the 0.00000810 and 0.00000800 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-216064 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/08/2UFybcZ2-1024×621.jpg" alt="Shiba Inu Chart Analysis" width="1024" height="621" /></p>
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