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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a> 
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The new week has started with sellers' dominance on the <a href="https://u.today/binance-coin-bnb-price-analysis-for-july-30" rel="noopener noreferrer nofollow">cryptocurrency market</a>. 
<img alt="Top coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="b9699f37-5454-4537-9e92-ed8b186f428b" src="https://u.today/sites/default/files/inline-images/top10_574.png"> 
Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a> 
<h2 id="doge-usd">DOGE/USD</h2> 
The rate of DOGE has declined by 1.19% over the last 24 hours. 
<img alt="DOGE/USD chart byTradingView" data-entity-type="file" data-entity-uuid="7f6e7203-33a8-4041-af2b-b75cb123fa24" src="https://u.today/sites/default/files/inline-images/doge_188.png"> 
Image by <a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a> 
Despite today's fall, the price of DOGE remains above the important level of $0.07547. However, the rate does not seem ready for growth yet, as not enough energy has been accumulated so far. In this regard, ongoing consolidation in the <a href="https://u.today/doge-price-analysis-for-july-29" rel="noopener noreferrer nofollow">zone of $0.08</a> is the most likely scenario for the following week. 
DOGE is trading at $0.07902 at press time. 
<h2 id="shib-usd">SHIB/USD</h2> 
Unlike DOGE, the rate of SHIB has risen by 1.27% since yesterday. 
<img alt="SHIB/USD chart by TradingView " data-entity-type="file" data-entity-uuid="216802f1-20d5-456c-9eed-3d020e8d8133" src="https://u.today/sites/default/files/inline-images/shib_149.png"> 
Image by <a href="https://www.tradingview.com/symbols/SHIBUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the daily time frame, the rate of SHIB is on its way to testing the resistance of $0.00000878. At the moment, one should focus on the bar's closure. If buyers can hold the gained initiative until the end of the day, there is a chance of seeing a breakout, followed by a blast to the $0.000009 zone. 
SHIB is trading at $0.000008553 at press time.

DOGE and SHIB Price Analysis for July 31

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