Key Takeaways
Dogecoin and Shiba Inu have risen by more than 6% over the past 24 hours.
DOGE was able to break through resistance and may target $0.095.
SHIB has yet to overcome a crucial hurdle in its trend.
Meme coins Dogecoin and Shiba Inu have been lagging behind the rest of the cryptocurrency market, but the technicals suggest that they could soon break out.
Dogecoin, Shiba Inu Look Set to Rally
Dogecoin and Shiba Inu appear to be gearing up for bullish breakouts as the cryptocurrency market gains momentum.
DOGE has surged more than 6% over the past 24 hours. The sudden spike in upward pressure helped it overcome a critical resistance area. Now, it appears that Dogecoin could have the strength to advance further.
From a technical perspective, DOGE broke out of a symmetrical triangle and overcame the $0.073 resistance level. These developments could play a significant role in its price action as the Y-axis of the technical formation projects a 34% target. If validated, Dogecoin...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...