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Are Dogecoin And Shiba Inu Due A Bounce? This Trader Sees ‘Bull Flag’ Forming For One Coin

Dogecoin DOGE/USD and Shiba Inu SHIB/USD have experienced a turbulent month, but traders remain optimistic about their future prospects.

What Happened: Renowned chart analyst Ali Martinez has predicted a bullish breakout for Shiba Inu, highlighting the formation of a bull flag on its daily chart. Martinez is placing buy orders around $0.000018343, anticipating a potential surge in Shiba Inu’s value to $0.000072323.

Meanwhile, crypto trader YG Crypto analyzed Dogecoin’s recent performance, which saw a dramatic 40% price drop after reaching $0.228.

Despite the sharp decline, Dogecoin is still trading above the crucial support level of $0.112-$0.123, which previously prevented a…

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