Dogecoin and Shiba Inu: Dogecoin remains below 0.08000

<div><img width="1000" height="667" src="https://www.financebrokerage.com/wp-content/uploads/2021/12/shutterstock_1977553523.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bitcoin and Dogecoin" decoding="async" loading="lazy" /></div><h1><b>Dogecoin and Shiba Inu: Dogecoin remains below 0.08000</b></h1>
<ul>
<li aria-level="1">The price of Dogecoin remains low in the <a href="https://www.financebrokerage.com/solana-and-cardano-solana-with-support-at-102-00-level/">support</a> zone today.</li>
<li aria-level="1">Since the beginning of this week, the Shiba Inu price has been in a bullish consolidation with the formation of a high yesterday at the 0.00001000 level.</li>
</ul>
<h2><b>Dogecoin chart analysis</b></h2>
<p>The price of Dogecoin remains low in the support zone today. This week’s base movement is in the 0.07600-0.08200 range. Last night, we had a short bullish impulse to 0.84000 but quickly returned to the previous movement zone. The EMA50 moving average has approached the 0.08200 level, and the next stronger bullish impulse could make a break above. Then, we also need to hold ourselves up there in order to gather the strength to continue with the recovery.</p>
<p>Potential higher targets are 0.08400 and 0.08600 levels. The price of Dogecoin is struggling with the 0.08000 level and is slowly leaning towards the 0.07800 level. If we see a drop below it, we could threaten the support at 0.07600. Potential lower targets are 0.07400 and 0.07200 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-252107 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2024/01/HiZLIcCd-1024×598.jpg" alt="Dogecoin chart analysis" width="1024" height="598" /></p>
<h2><b>Shiba Inu chart analysis</b></h2>
<p>Since the beginning of this week, the Shiba Inu price has been in a bullish consolidation with the formation of a high yesterday at the 0.00001000 level. The jump stops there, and the price begins to retreat to the 0.00000940 level. We get new support at that level and form a higher low, which means that we could see the start of a new bullish consolidation with the aim of going to a new higher high. Potential higher targets are 0.00001020 and 1.00001040 levels.</p>
<p>Since we are below the EMA50 moving average, the price remains under bearish pressure to start a continuation of the previous bearish trend. The important level is at 0.00000920. A price break below it would further strengthen the bearish momentum, and we would see a continuation of the Shiba Inu price pullback. Potential lower targets are 0.00000900 and 0.00000880 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-252108 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2024/01/8OlXGU5e-1024×598.jpg" alt="Shiba Inu Chart Analysis" width="1024" height="598" /></p>
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