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<p>A big correction has arrived on the cryptocurrency market, according to <a href="https://u.today/sol-and-doge-price-analysis-for-january-2" rel="noopener noreferrer nofollow">CoinMarketCap</a>.</p> <img data-entity-type="file" data-entity-uuid="8e861f88-d479-414e-9254-9729a20ca0c6" src="https://u.today/sites/default/files/inline-images/top_5.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 class="text-align-justify" id="doge-usd">DOGE/USD</h2>
<p class="text-align-justify">The rate of DOGE has dropped by 11% since yesterday.</p> <img data-entity-type="file" data-entity-uuid="64bec592-7ecf-4fed-aa5d-e26d4ee20e09" src="https://u.today/sites/default/files/inline-images/doge_213.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a>
<p>On the daily chart, the price of DOGE has reached the support level of $0.08380. If the bar closes below it, the meme coin will return to the bearish zone. In that case, the correction might continue to the $0.07 area.</p>
<p>DOGE is trading at $0.08227 at press time.</p>
<h2 class="text-align-justify" id="shib-usd">SHIB/USD</h2>
<p class="text-align-justify">SHIB has followed the dumping of other coins, going down by 15%.</p> <img data-entity-type="file" data-entity-uuid="96a17075-02e5-4c69-a920-e4dd3499efc7" src="https://u.today/sites/default/files/inline-images/shib_180.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSD" rel="noopener noreferrer nofollow">TradingView</a>
<p>The rate of SHIB keeps declining after a failed attempt to fix above the $0.00001136 mark. From the technical point of view, bears have seized the initiative; however, the price is far from the support and resistance levels.</p>
<p>All in all, sideways trading in the area of $0.000008-$0.00000950 is the more likely scenario for the next few days.</p>
<p>SHIB is trading at $0.00000924 at press time.</p>
<h2 class="text-align-justify" id="bonk-usd">BONK/USD</h2>
<p class="text-align-justify">BONK is the biggest loser today, falling by more than 20%.</p> <img data-entity-type="file" data-entity-uuid="cba216c0-da9d-49d9-808d-36c7438f73ec" src="https://u.today/sites/default/files/inline-images/bonk%5D.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BONKUSD" rel="noopener noreferrer nofollow">TradingView</a>
<p>The rate of BONK has broken the support level of $0.00001238, entering the bearish zone. Until the price is below that mark, there are chances to see a further downward move. If that happens, traders may see a test of the $0.0000090 area soon.</p>
<p>BONK is trading at $0.00001124 at press time.</p>

DOGE, SHIB and BONK Price Analysis for January 3

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