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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a> 
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Buyers are trying to get back in the game; however, most of the coins keep trading in the <a href="https://u.today/cardano-ada-price-analysis-for-august-1" rel="noopener noreferrer nofollow">red zone</a>. 
<img alt="Top coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="9a0f746d-cbef-4c75-843e-2679a4ef3397" src="https://u.today/sites/default/files/inline-images/top10coin_2.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 fallen by 0.66% over the last 24 hours. 
<img alt="DOGE/USD chart byTradingView" data-entity-type="file" data-entity-uuid="a2da027c-1c9d-4b0e-adf3-ad61dc133dbe" src="https://u.today/sites/default/files/inline-images/dogee.png"> 
Image by <a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a> 
Despite today's fall, the drop might not have finished yet as the rate is on the way to test the support level at $0.07547 again. If the pressure continues, the accumulated energy might be enough for a further decrease to the $0.074 area. 
DOGE is trading at $0.07599 at press time. 
<h2 id="shib-usd">SHIB/USD</h2> 
SHIB is not an exception to the rule, going down by 0.48% since yesterday. 
<img alt="SHIB/USD chart by TradingView " data-entity-type="file" data-entity-uuid="d1cd177a-49fe-44e9-b790-c56606da6b4a" src="https://u.today/sites/default/files/inline-images/shib_150.png"> 
Image by <a href="https://www.tradingview.com/symbols/SHIBUSD" rel="noopener noreferrer nofollow">TradingView</a> 
Even though the rate of SHIB is far from main levels, its daily chart is looking bearish. 
If the decline continues to the interim zone of $0.000008 and no bounce back happens, the ongoing drop may lead to the test of the support at $0.00000760 shortly. 
SHIB is trading at $0.00000823 at press time.

DOGE and SHIB Price Analysis for August 2

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