Shiba Inu and Dogecoin Experience Price Declines Amid Market Turbulence
Shiba Inu (SHIB) and Dogecoin (DOGE) have faced notable price declines due to broader market turbulence. Despite this, some analysts maintain an optimistic outlook.
Shiba Inu Price Analysis
- Javon Marks identifies technical signals indicating a potential bullish trend for SHIB.
- SHIB has broken out of a resistance trend with a target of $0.000081.
- Recent buying activity suggests strong support against selling pressure.
- Marks predicts a possible rise to $0.0001553, representing over 840% potential gain from current levels.
Dogecoin Price Outlook
- Marks views DOGE's recent breakout as a sign of potential price movement towards $0.6533.
- A break above $0.6533 could lead to a target of $1.25111, indicating over 333% potential increase.
