Dogecoin, Shiba Inu Get Clobbered In Crypto Crash: What’s Going On?
Posted On April 7, 2025
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are down 5% and 2% respectively as traders cling on to strong fundamental data to deliver a turnaround in the medium term.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Dogecoin (CRYPTO: DOGE) | $0.1526 | $21.6 billion | -5.3% | -10.7% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001128 | $6.65 billion | -2.2% | -6.9% |
| Pepe (CRYPTO: PEPE) | $0.056447 | $2.7 billion | -4.4% | -8% |
Trader Notes: Trader Tardigrade encouraged resilience, saying, “The harder the battle, the sweeter the victory,” as Dogecoin retests a key support level from its previous consolidation zone.
He noted that DOGE has now formed a second RSI bullish divergence. The first divergence was weaker, with price making a lower low and RSI remaining flat.
The second, however, shows classic reversal signals—price made a lower low, while RSI made a higher low, suggesting a …
About The Author
