DOGE and SHIB Battle: Meme Coins Viral Surge Faces Crucial RSI Test

By Benito Cormi Jun 26, 202358Views

Dogecoin (DOGE) experienced a decline in value after a recent surge, reaching a high of $0.0704 before dropping to $0.06557. The relative strength index (RSI) broke out of a support point at 50.70 and is now at 48.55, with a potential floor at 46.00. If this level is breached, DOGE may drop below $0.0640. Similarly, shiba inu (SHIB) also saw a decline after a recent rally, dropping from $0.000007907 to $0.000007684. The RSI for SHIB is currently at 50.43, with a potential upward crossover of the 10-day and 25-day moving averages on the horizon. This could lead to further gains for SHIB in the coming week.

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Benito Cormi

Benito Cormi, the brilliant crypto analyst who has made waves in the world of cryptocurrency. With his razor-sharp analytical skills and deep understanding of the digital asset landscape, Benito has become a trusted figure in the industry and remains at the forefront, tirelessly researching and analyzing market trends to help individuals and businesses make informed decisions in this dynamic landscape.

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