Biggest Movers: SHIB 20% Higher, as DOGE Hits 5-Month High
Meme coins were trading significantly higher on Saturday, as both shiba inu and dogecoin rose by over 20%. Shiba inu rallied to a six-week high in today’s session, as the token broke out of a key resistance level. Dogecoin extended recent gains, climbing to a five -month high in the process. Shiba Inu (SHIB) Shiba inu (SHIB) rose to a six-week high to start the weekend, as the token was up by over 20% on Saturday. SHIB/USD surged to a peak of $0.00001268 earlier today, which comes less than a day after trading at a low of $0.0000106. Today’s move pushed prices of the meme coin to their highest point since September 13, breaking out of a resistance point in the process. SHIB/USD – Daily Chart Looking at the chart, the aforementioned ceiling was the $0.00001230 level, which has been in place since mid-September. However, SHIB has somewhat slipped from earlier highs , which comes as the 14-day relative strength index (RSI) collided with a key point of resistance. The index ...