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Good News for Dogecoin’s Price, But What About Shiba Inu? (Details)

  • Dogecoin's price showing promise as a buy signal is flashed on the hourly chart by the TD Sequential metric, indicating potential gains in the near future.
  • Dogecoin peaked at $0.26 on May 11 but has since lost momentum and currently trades at just over $0.222, with a possibility of upcoming gains signaled by TD Sequential.
  • Shiba Inu's price has fallen by around 12-13% since mid-May, currently consolidating in a descending triangle pattern that could lead to a significant 17% move, showing a bearish chart pattern.
  • Despite concerns over Shiba Inu's price structure, some industry experts remain bullish on the asset, viewing it as a complex yet promising investment within the crypto industry.

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