Can the meme coins rise against the falling market? Dogecoin dogecoin jasdoge DogecoinMemes RacerDoge crypto cryptocurrency
If buyers want to seize the initiative, they need to bring the price back to the $0.065 zone. Thus, the volume should also start rising.SHIB has gained even more than DOGE as the price has grown by 1.08%.
On the daily chart, SHIB is looking even worse than DOGE as the rate is very close to the support level at $0.00001. In addition, this is a key level for bulls. If they lose it, there is a high chance of a continued sharp drop as the meme coin has accumulated enough power for that. All in all, a breakout of the aforementioned level may lead to a test of the $0.000009 area soon.
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