Dogecoin and Shiba Inu: Doge slipped to 0.06600 level
<div><img width="1000" height="667" src="https://www.financebrokerage.com/wp-content/uploads/2021/09/shutterstock_1965542140.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bitcoin, Ethereum, Dogecoin, a smaller break after yesterday's profit" decoding="async" loading="lazy" /></div><h1><b>Dogecoin and Shiba Inu: Doge slipped to 0.06600 level</b></h1>
<ul>
<li aria-level="1"><span>Dogecoin fell to a new low this morning at the 0.06584 level.</span></li>
<li aria-level="1"><span>Shiba Inu price drops to a new low at 0.00000895 level. </span></li>
</ul>
<h2><b>Dogecoin chart analysis</b></h2>
<p><span>The price of Dogecoin fell to a new low this morning at the 0.06584 level. After that, we see a price recovery to the 0.06800 level, where we encounter new resistance and start another pullback. We could find ourselves retracing the previous low, and we could even see a breakout below. Potential lower targets are 0.06400 and 0.06300 levels.</span></p>
<p><span>We need a positive consolidation and price movement above the 0.06800 level for a bullish option. Then, we would have to stay up there in order to initiate a continuation to the <a href="https://www.financebrokerage.com/the-dollar-index-remains-on-its-bullish-path-towards-103-00/">bullish</a> side with the new consolidation. Potential higher targets are 0.06900 and 0.07000 levels.</span></p>
<p><img decoding="async" loading="lazy" class="alignnone size-large wp-image-219472" src="https://www.financebrokerage.com/wp-content/uploads/2023/08/Dogecoin-chart-analysis-1-1024×619.jpg" alt="Dogecoin chart analysis" width="1024" height="619" /></p>
<h2><b>Shiba Inu chart analysis</b></h2>
<p><span>Shiba Inu price drops to a new low at 0.00000895 level. After that, we tried to start a recovery, but we stopped at the 0.00000935 level. We encounter resistance and make a new pullback to the previous support level. Potential lower targets are the 0.00000880 and 0.00000860 levels.</span></p>
<p><span>We need a new positive consolidation and a move to the zone around the 0.00000940 level for a bullish option. Then we need a breakout above and try to stay up there. With a new impulse, the price would start a continuation of the recovery. Potential higher targets are the 0.00000960 and 0.00000980 levels. We would have additional resistance in the upper level in the EMA50 moving average and need a breakthrough above for further continuation.</span></p>
<p><img decoding="async" loading="lazy" class="alignnone size-large wp-image-219473" src="https://www.financebrokerage.com/wp-content/uploads/2023/08/Shiba-Inu-chart-analysis-1-1024×619.jpg" alt="Shiba Inu chart analysis" width="1024" height="619" /></p>
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