• Dogecoin price is displaying acute strength and is expected to head towards higher targets in the next seven days.
• Shiba Inu token, which is flying high, is believed to face a rejection that may lead the price to descend back below $0.00001 in the coming week.
• DOGE price appears to have reached the bottom of the consolidation, which is expected to trigger a healthy rebound.
Dogecoin Price Displaying Acute Strength
Dogecoin price is displaying acute strength and is expected to head towards higher targets in the next seven days. The buying volume has soared by four times from $2 trillion to $8 trillion, which has set up a base for a fine upswing. This may further trigger a healthy rebound as it appears to have reached the bottom of the consolidation.
Shiba Inu Token Flashing Bearish Signals
The Shiba Inu token has been maintaining a healthy upswing ever since it triggered a bullish rebound in the first few days of June. However, technicals appear to be taking a bearish reversal soon, which may drag the price slightly lower during the weekend and test its support below $0.00001.
Strong Upward Momentum Expected for Dogecoin
Dogecoin’s buying pressure has continued with strong upward momentum and it appears poised for higher targets in the near future. The DOGE price could undergo a minor pullback before heading forward along its parabolic recovery curve with significant boosts from bulls in tow.
Shiba Inu Price Reaching Neckline of Curve
The Shiba Inu price has been following a parabolic recovery since its breakout at $0.00000919 and is approaching its neckline of this curve quickly as its buying volume continues soaring by four times from $2 trillion to $8 trillion setting up an impressive base for further growth ahead.
Good Time To Buy or Sell?
Given that both Dogecoin and Shiba Inu are undergoing strong uptrends while appearing poised for higher targets ahead – could now be considered an optimal time buy or sell these memecoins? Analysts believe that although Shiba Inu faces bearish signals leading it back down again – if investors can capitalize on these patterns they can benefit greatly from their investments within these tokens over time