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Market News DOGE Bulls Eye a Return to $0.0780 to Target $0.080 on Twitter Hopes

DOGE Bulls Eye a Return to $0.0780 to Target $0.080 on Twitter Hopes

Lack of cryptocurrency news and outside market influences caused DOGE and SHIB to have a mixed morning, leaving the pair flat. However, Twitter continues to be the major force.

Skylar Shaw

2022-12-26

307

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Dogecoin (DOGE) increased by 0.26% on Saturday. DOGE finished the day at $0.0776 after gaining 0.65% on Friday. Interestingly, DOGE closed the session below $0.0800 for the eighth day in a row.

DOGE saw a mixed day's start, dropping to an overnight low of $0.0767. DOGE increased to a high of $0.0782 in the early evening, avoiding the First Major Support Level (S1) at $0.0762. However, DOGE slipped down to conclude the day at less than $0.0776 after falling short of the First Major Resistance Level (R1) at $0.0788.

On Saturday, Shiba Inu Coin (SHIB) increased by 0.73%. SHIB finished the day at $0.00000832, somewhat correcting a loss of 0.96% on Friday. SHIB finished the day below $0.0000090 for the eleventh session in a row.

SHIB saw a mixed start, dropping to a low of $0.00000823 at mid-morning. SHIB increased to a high of $0.00000835 in the early evening after avoiding the First Major Support Level (S1) at $0.00000818. SHIB fell down to close the day at $0.00000832, falling short of the First Major Resistance Level (R1) at $0.00000838.