DOGE Rally Slows After 10% Spike as SHIB Steadily Gains Momentum
11/7/2025
DOGE’s recent surge appears to be cooling off, with technical signals pointing to short-term fatigue. Meanwhile, SHIB continues its steady climb, quietly strengthening its position near critical resistance levels.
Market Highlights
- DOGE surged 10.3% from $0.180 to $0.199 between July 10 (04:00) and July 11 (03:00), driven by impressive trading volume of 564.05 million, significantly above its 24-hour average of 334.72 million.
- The breakout began around 16:00, with DOGE establishing support near $0.179. However, selling pressure appeared between $0.194 and $0.196, limiting further gains.
- In the final hour, DOGE hovered just below $0.200, as traders locked in profits and the price consolidated.
- SHIB delivered an 8% daily gain and a 7.7% weekly increase, holding firmly above important moving averages. Rising volume suggests a solid and sustainable uptrend for SHIB.
Key Metrics
- DOGE:
- Price gain: +10.3% ($0.180 → $0.199)
- Daily price range: $0.020
- Breakout start: 16:00, July 10
- Volume: 564.05M (vs. 24-hour average of 334.72M)
- Support zone: $0.179–$0.181 during consolidation
- Resistance zone: $0.194–$0.196 at rally peaks
- Final hour range: $0.0097, closing at $0.1984, around 0.3% below the session high
- SHIB:
- Daily increase: +8% to approximately $0.00001354
- Weekly rise: +13%
- SHIB/BTC breakout: +3.7% with 1.25 trillion tokens traded — nearly five times the average volume
Technical Analysis
- DOGE:
- Continues forming higher highs, backed by strong volume — hinting at possible institutional involvement.
- Faces significant resistance at the psychological barrier of $0.20.
- A pullback to $0.1976 in the final hour signals potential short-term exhaustion.
- SHIB:
- Maintains a steady upward trajectory, highlighted by a triangle breakout on the SHIB/BTC chart.
- Holds above both the 50-day and 200-day moving averages, with sentiment leaning toward “Greed.”
Trader Focus
- DOGE:
- Can DOGE stay above $0.200 and aim for the next targets at $0.215–$0.22?
- A drop below $0.194 could challenge the short-term bullish case.
- SHIB:
- Watching the $0.000014–$0.000015 range for a potential breakout.
- Sustaining levels above key moving averages could propel SHIB toward $0.000016 and beyond.
DOGE vs. SHIB: Which Meme Coin Trade?
- DOGE offers sharp price swings and high volatility, appealing to short-term traders seeking quick profits.
- SHIB provides steadier movement and stronger technical support, making it attractive for traders with a longer-term or layered strategy.
- For momentum-driven trades, DOGE remains compelling, while SHIB’s gradual, stable progress may suit those looking for sustained growth.
Conclusion
DOGE’s recent breakout demonstrated strong momentum and significant trading volume, though signs of short-term fatigue are starting to emerge. Meanwhile, SHIB continues to quietly build a solid technical base, supported by growing sentiment and steady market activity — positioning it for potential future gains.
