However, a decline in the morning and afternoon session sent the DOGE index as low as $0.0993. The DOGE briefly fell through the first major support level (S1) at $0.1005 before ending the day at $0.1015.
The Shiba Inu (SHIB) coin was up 0.53% on Monday. After rising 1.74% on Sunday, SHIB stock ended the day at $0.00000941.
Tracking DOGE, SHIB stock rose to a mid-morning high of $0.00001016. SHIB breached major resistance levels today before falling to a late low at $0.00000923. However, after finding support at the first major support level (S1) at $0.00000923, SHIB stock rebounded to end the day at $0.00000941.
Twitter news remains the driving force behind DOGE and SHIB
Twitter rumors continued to circulate, generating demand for DOGE and SHIB at the start of the week.
On Tuesday, reports that Twitter was working on coins provided an early session hack. according to to world trade wars,
Researcher Jane Wong, who is known for investigating tokens on Twitter, shared what she found about Twitter Coin on her account. After that, Jin Woong’s account was suspended.”
However, US economic indicators affected riskier assets, sending the pair into negative territory before late support provided a SHIB-type bullish session.
Today, the US economic calendar is on the light side. The lack of physical statistics will leave DOGE and SHIB in the hands of Twitter integration chatter and broader investor sentiment, with the NASDAQ Composite Index likely to take a toll.