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Shiba Inu SHIB/USD and Dogecoin DOGE/USD are gaining momentum as Bitcoin reaches a new all-time high above $107,000.
CryptocurrencyPrice Market Cap24-Hour Trend7-Day TrendDogecoin DOGE/USD$0.4118$60.6 billion+1.9%-5.5%Shiba Inu SHIB/USD$0.00002784$16.4 billion+0.4%-6.5%
Trader Notes: Benzinga’s technical analysis shows that SHIB’s Relative Strength Index (RSI) stands at 42.85.
In a bullish trend, the 40-50 RSI range often serves as support.
The 50-day Simple Moving Average (SMA) is crossing above the 100-day and 200-day SMAs—a pattern typically indicative of building bullish momentum.
Prominent trader Cold Blooded Shiller noted that DOGE is “trading as if it’s…
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