\n<\/p>\n
It was a mixed day for DOGE<\/a> and SHIB<\/a> on Saturday. With the global equity markets closed and Russia continuing its bombing campaign, it was a relatively range-bound session.<\/p>\n Following a 1.20% loss on Friday, DOGE fell by 0.43% to end the day at $0.1149. SHIB partially reversed Friday\u2019s 2.56% decline with a 0.41% gain to end the day at $0.00002214.<\/p>\n<\/div>\n<\/div>\n News updates remained negative for riskier assets on Saturday. Russia continued bombing Ukraine going into the weekend. There were also no reports of progress at the negotiating table to bring the hope of an end to Russia\u2019s invasion.<\/p>\n<\/div>\n<\/div>\n At the time of writing, DOGE was up by 0.17% to $0.1151.<\/p>\n<\/div>\n<\/div>\n DOGE will need to move through the day\u2019s $0.1156\u00a0pivot<\/a>\u00a0to make a run on the First Major Resistance Level at $0.1166. DOGE would need the broader crypto market to support a move back through to $0.1160 levels.<\/p>\n An extended rally would test the Second Major Resistance Level at $0.1182 and resistance at $0.12. The Third Major Resistance Level sits at $0.1208.<\/p>\n Failure to move through the pivot would bring the First Major Support Level at $0.1140 into play. Barring an extended sell-off, DOGE should steer clear of sub-$0.1140. The Second Major Support Level sits at $0.1130.<\/p>\n<\/div>\n<\/div>\n Looking at the\u00a0EMAs<\/a> and the 4-hourly candlestick chart (below), it is a bearish signal. DOGE remains below the 50-day EMA, currently at $0.1197. This morning, the 50-day EMA has fallen back from the 100-day and the 200-day EMAs. The 100-day EMA has pulled back from the 200-day EMA, another bearish signal.<\/p>\n A move through the 50-day EMA would support a run at $0.12.<\/p>\n<\/div>\n<\/div>\n At the time of writing, SHIB was flat at $0.00002214.<\/p>\n<\/div>\n<\/div>\n SHIB will need to move through the day\u2019s $0.00002230\u00a0pivot<\/a>\u00a0to make a run on the First Major Resistance Level at $0.0000225. SHIB would need the broader crypto market to support a breakout from $0.0000222.<\/p>\n An extended rally would test the Second Major Resistance Level at $0.0000229 and resistance at $0.000023. The Third Major Resistance Level sits at $0.0000235.<\/p>\n Failure to move through the pivot would bring the First Major Support Level at $0.0000219 into play. Barring an extended sell-off, SHIB should steer clear of the Second Major Support Level at $0.0000217.<\/p>\n<\/div>\n<\/div>\nNews Updates on Russia\u2019s Invasion of Ukraine Weighed<\/h2>\n
DOGE Price Action<\/h2>\n
Technical Indicators<\/strong><\/h2>\n
SHIB Price Action<\/h2>\n
Technical Indicators<\/strong><\/h2>\n