Dogecoin, Shiba Inu Down 10% In 24 Hours: What’s Happening?

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have dropped on Monday, but traders remain optimistic about DOGE’s recovery, while Shiba Inu’s ecosystem fundamentals indicate resilience.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
Dogecoin (CRYPTO: DOGE)  $0.2037 $30.2 billion -11%  -9.4% 
Shiba Inu (CRYPTO: SHIB)  $0.00001318 $7.8 billion -11.7%  -7.7% 
Pepe (CRYPTO: PEPE)  $0.057511 $3.2 billion -15.3%  -12.4% 

Trader Notes: Crypto trader Tardigrade noted that Dogecoin has broken out of an inverse head & shoulders pattern and is now in a possible retest zone, ranging from the Fibonacci 0.618 level to a key support zone.

Meanwhile, …

Full story available on Benzinga.com

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