Shiba inu was in the red to start the week, with prices falling to a 20-day low on Monday. The meme coin has now moved lower for four straight sessions, with the latest decline seeing price move below a key support point. Dogecoin was also down, hitting a two-week low earlier today.Shiba inu was down on Monday, as the meme coin moved to its lowest point in the past 20 days.
This bottom is the lowest point that SHIB has traded at since November 22, when the token was at a low of $0.00000817.As can be seen from the chart, the move comes as shiba inu broke out of a floor at the $0.00000885 mark. Should this bearish momentum continue, we could see SHIB sellers attempt to recapture the low last seen on November 22.Dogecoin also remained in the red to start the week, as it also declined for a fourth straight day.
As a result of this decline, which saw DOGE drop by nearly 10%, the token hit its lowest point since November 25.Looking at the chart, bearish momentum has recently intensified following a drop below a floor of 48.00 on the RSI.
I'm not surprised. I think it makes no sense to spend usdt to buy such risky projects
these coins won't just go away will they. Its crazy how DOGE has keep moving up
All go down :-) since app. 2 months. Or already longer? It is very hard to make a decision: invest or get all out.
I once spent a small amount of usdt on both of them, this didn't went as well as I thought, lol
SHIB and DOGE are so fine now to spend more USDT on both.
$btc I think will come back even deeper when the dollar goes up in the midst of a hefty 16000k drop
No surprises here.
No surprises here really.
If there are people who continue to buy these coins, I admire their courage
Now will be the top coin 🚨🚨Dogelonmars soon 🚀🚀🚀🚀🚀🚀
elonmusk Look at the fall 😳 Doge To The Moon 👀
BTC JEWISH THIEF'S GAME DO NOT PLAY THIS GAME
I suppose these memecoins will blast off to the moon and make some investors rich in the next bullrun.