Shiba Inu Coin

Shiba Inu Coin rose by 1.60% on Friday. Partially reversing a 5.95% slide from Thursday, Shiba Inu Coin ended the day at $0.00002793.

A bearish start to the day saw Shiba Inu Coin fall to an early morning intraday low $0.00002703 before making a move.

Steering clear of the first major support level at $0.0000266, Shiba Inu Coin rallied to a late morning intraday high $0.00002850.

While falling short of the first major resistance level at $0.0000288, Shiba Inu Coin broke through the 23.6% FIB of $0.00002831.

An afternoon pullback saw Shiba Inu Coin fall back through the 23.6% FIB of $0.00002831 to sub-$0.0000725 levels before finding support.

A late move back through to $0.0000279 levels delivered the upside on the day.

At the time of writing, Shiba Inu Coin was down by 0.07% to $0.00002791. A mixed start to the day saw Shiba Inu Coin rise to an early morning high $0.00002794 before falling to a low $0.0002778.

Shiba Inu Coin left the major support and resistance levels untested early on.

For the day ahead

Shiba Inu Coin would need to avoid a fall back through the $0.0000278 pivot to bring the 23.6% FIB of $0.0000283 and the first major resistance level at $0.0000286 into play.

Support from the broader market would be needed, however, for Shiba Inu Coin to break out from the 23.6% FIB.

Barring an extended crypto rally, the first major resistance level and Friday’s high $0.0000285 would likely cap the upside

In the event of another breakout, Shiba Inu Coin could test resistance at $0.000030 levels before any pullback. The second major resistance level sits at $0.0000293.

A fall back through the $0.0000278 pivot would bring the first major support level at $0.0000271 into play.

Barring an extended sell-off, however, Shiba Inu Coin should continue to avoid the 38.2% FIB of $0.00002387. The second major support level at $0.0000264 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.0000271

Pivot Level: $0.0000278

First Major Resistance Level: $0.0000286

23.6% FIB Retracement Level: $0.00002831

38.2% FIB Retracement Level: $0.00002387

62% FIB Retracement Level: $0.00001668

Please let us know what you think in the comments below.

Thanks, Bob

Dogecoin

Dogecoin surged by 11.80% on Wednesday. Reversing a 3.69% loss from Tuesday, Dogecoin ended the day at $0.2246.

A mixed start to the day saw Dogecoin fall to an early morning intraday low $0.1999 before making a move.

Steering clear of the first major support level at $0.1930, Dogecoin rallied to a late morning intraday high $0.2306.

Dogecoin broke through the first major resistance level at $0.2137 and the second major resistance level at $0.2264.

A late pullback, however, saw Dogecoin fall back through the second major resistance level to end the day at sub-$0.225 levels.

At the time of writing, Dogecoin was down by 1.26% to $0.2218. A bearish start to the day saw Dogecoin fall from an early morning high $0.2246 to a low $0.2211.

Dogecoin left the major support and resistance levels untested early on.

For the day ahead

Dogecoin would need to avoid the $0.2184 pivot to bring the first major resistance level at $0.2368 into play.

Support from the broader market would be needed, however, for Dogecoin to break out from Thursday’s high $0.2306.

Barring an extended crypto rally, the first major resistance level and resistance at $0.24 would likely cap the upside

In the event of a broad-based crypto rally, Dogecoin could test resistance at $0.26 levels before any pullback. The second major resistance level sits at $0.2491.

A fall through $0.2184 pivot would bring the first major support level at $0.2061 into play.

Barring another extended sell-off, however, Dogecoin should avoid sub-$0.20 levels. The second major support level sits at $0.1877.

Looking at the Technical Indicators

First Major Support Level: $0.2061

Pivot Level: $0.2184

First Major Resistance Level: $0.2368

23.6% FIB Retracement Level: $0.3016

38.2% FIB Retracement Level: $0.3859

62% FIB Retracement Level: $0.5221

Please let us know what you think in the comments below.

Thanks, Bob

Dogecoin

Dogecoin fell by 0.60% on Sunday. Following a 3.24% decline on Saturday, Dogecoin ended the week down by 7.43% to $0.3150.

A mixed start to the day saw Dogecoin rise to a late morning intraday high $0.3219 before hitting reverse.

Falling short of the first major resistance level at $0.3263, Dogecoin slid to a late afternoon intraday low $0.3050.

Dogecoin fell through the first major support level at $0.3110.

Finding support at the second major support level at $0.3050, Dogecoin moved back through the first major support level to end the day at $0.315 levels.

At the time of writing, Dogecoin was up by 0.14% to $0.3154. A mixed start to the day saw Dogecoin fall to an early morning low $0.3148 before rising to a high $0.3194.

Dogecoin left the major support and resistance levels untested early on.

For the day ahead

Dogecoin would need to avoid the $0.3140 pivot to bring the first major resistance level at $0.3229 into play.

Support from the broader market would be needed, however, for Dogecoin to break back through to $0.32 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.3219 would likely cap any upside.

In the event of a breakout, Dogecoin could test the second major resistance level at $0.3309.

A fall through the $0.3140 would bring the first major support level at $0.3060 into play and the 23.6% FIB of $0.3016 into play.

Barring an extended sell-off, however, Dogecoin should steer clear of the second major support level at $0.2971.

Looking at the Technical Indicators

First Major Support Level: $0.3060

Pivot Level: $0.3140

First Major Resistance Level: $0.3229

23.6% FIB Retracement Level: $0.3016

38.2% FIB Retracement Level: $0.3859

62% FIB Retracement Level: $0.5221

Please let us know what you think in the comments below.

Thanks, Bob