The top 10 cryptocurrencies by market cap are on the rise on November 25. According to Denys Serhiichuk, who shares SHIB, DOGE and FLOKI analysis, the following technical levels should be considered in any comeback.
Dogecoin is trying to make up for the 7.11% drop on November 24 with 3.01% today. On the daily chart, the price received an upside reaction from the critical support at $0.1940. The decline was accompanied by increased trading volume, while the downward momentum was unraveled by the bullish side today. According to the analyst, critical support of Dogecoin is at $0.1940, if this level is breached, DOGE’s nearest demand zone is located at $0.15.
Shiba Inu (SHIB)
cryptocoin.com SHIB, which we quoted in our analysis, rose 5% today after losing 10% on November 24. Currently trading at $0.00004045, if SHIB stays below $0.00003528, the decline could deepen to $0.000030. SHIB has the most liquidity zone at this level.
Floki Inu (FLOKI)
FLOKI is no exception to the rule, as it is also in decline. Despite yesterday’s correction, the market manages to accompany with 1.4% today. According to the analyst, neither the bulls nor the bears can take full control of the initiative. However, if sellers manage to stabilize $0.00013258 below support on the daily chart, it could be the start of more price declines for FLOKI.
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