u.today
The weekend has started bearish for the cryptocurrency market, according to CoinMarketCap.
$DOGE/USD
The rate of $DOGE has fallen by 5.41% over the last 24 hours.
On the daily chart, the price of $DOGE is bearish as it is still located near the support of $0.075. If buyers fail to seize the initiative and lose the $0.08 area, there is a chance of a fall to the aforementioned level shortly.
$DOGE is trading at $0.08026 at press time.
$SHIB/USD
$SHIB has followed the drop of $DOGE, going down by 4%.
From the technical point of view, $SHIB is looking better than $DOGE as its price is trying to stay near the resistance level.
However, bulls need to restore the rate at least to the $0.000011 zone to seize the initiative. Until it happens, sideways trading between $0.0000090-$0.000010 is the more likely scenario.
$SHIB is trading at $0.0000098 at press time.
$BONK/USD
$BONK has lost the most value today, declining by almost 10%.
On the daily time frame, the rate of $BONK is in the middle of the wide channel, which means that neither bulls nor bears are dominating. However, if today's candle closes below yesterday's bar, one can expect a fall to the $0.000010 zone.
$BONK is trading at $0.00001335 at press time.