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.