Dogecoin and Shiba Inu: Dogecoin pulls back below 0.06700

<div><img width="1200" height="675" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2021/06/Shiba-inu.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Shiba Inu" decoding="async" loading="lazy" /></div><h1><b>Dogecoin and Shiba Inu: Dogecoin pulls back below 0.06700</b></h1>
<ul>
<li aria-level="1">Dogecoin price tried to reach 0.07100 level yesterday but stopped at 0.07085 level.</li>
<li aria-level="1">The Shiba Inu price fell to a seven-day low yesterday at the 0.00000755 level.</li>
</ul>
<h2><b>Dogecoin chart analysis</b></h2>
<p>Dogecoin price tried to reach 0.07100 level yesterday but stopped at 0.07085 level. After that, the price begins to retreat, making this week&#8217;s low at the 0.06600 level. We manage to get support in that zone and make a slight recovery to the 0.06865 level, where we encounter a new daily resistance, and this is where the previous bullish consolidation stops.</p>
<p>The inability to break above pushes the price into a bearish consolidation and takes us below the 0.06700 level. Potential lower targets are 0.06600 and 0.06500 levels. For a bullish option, we need a positive consolidation and a move above the 0.06900 level. So, we would go back above the EMA50 moving average and get its support. Potential higher targets are 0.07000 and 0.07100 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-237292 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/11/lNXVRCSf-1024×620.jpg" alt="Dogecoin chart analysis" width="1024" height="620" /></p>
<h2><b>Shiba Inu chart analysis</b></h2>
<p>The Shiba Inu price fell to a seven-day low yesterday at the 0.00000755 level. After that, we recovered to the 0.00000785 level, where we met resistance and started a new <a href="https://www.financebrokerage.com/apecoin-and-akita-inu-apecoin-continues-to-pullback/">pullback</a>. Bearish consolidation takes us down to the 0.00000760 level, where we are finding support for now. If we fail to hold above, a fall below is inevitable, as well as the formation of a new lower low.</p>
<p>Potential lower targets are the 0.00000750 and 0.00000745 levels. For a bullish option, we need a positive consolidation and a return above the 0.00000780 level. Then, we would climb above the EMA50 moving average and get its support. Potential higher targets are the 0.00000790 and 0.00000795 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-237294 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/11/LIbqn3vB-1024×620.jpg" alt="Shiba Inu chart analysis" width="1024" height="620" /></p>
<p>The post <a rel="nofollow" href="https://www.financebrokerage.com/dogecoin-and-shiba-inu-dogecoin-pulls-back-below-0-06700/">Dogecoin and Shiba Inu: Dogecoin pulls back below 0.06700</a> appeared first on <a rel="nofollow" href="https://www.financebrokerage.com">FinanceBrokerage</a>.</p>

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