DOGE Soars 10% on Heavy Buying, Whereas SHIB’s Slow Gains Present a Tactical Crossroad
DOGE Loses Steam After 10% Rally, While SHIB Continues Steady Climb
11/7/2025
DOGE’s recent surge shows signs of slowing as technical indicators point to short-term fatigue. Meanwhile, SHIB is quietly gaining ground, building support near important resistance levels.
Market Overview
- DOGE jumped 10.3% between July 10 (04:00) and July 11 (03:00), rising from $0.180 to $0.199. Trading volume spiked to 564.05 million, far above its 24-hour average of 334.72 million.
- The rally began around 16:00, establishing support near $0.179. However, sellers emerged in the $0.194–$0.196 zone, capping further gains.
- In the final hour of trading, DOGE hovered below $0.200, consolidating as traders took profits.
- SHIB posted a more measured 8% daily increase and a 7.7% weekly gain, staying above key moving averages. Rising trading volume hints at a steady, sustainable uptrend.
Key Stats
- DOGE:
- Price move: +10.3% ($0.180 → $0.199)
- Daily range: $0.020
- Breakout start: 16:00, July 10
- Volume: 564.05M (vs. 24-hour average of 334.72M)
- Support zone: $0.179–$0.181 during midday consolidation
- Resistance zone: $0.194–$0.196 during rally peaks
- Final hour range: $0.0097, closing at $0.1984, roughly 0.3% off the session high
- SHIB:
- Daily gain: +8% to ~$0.00001354
- Weekly increase: +13%
- SHIB/BTC rally: +3.7% with 1.25 trillion tokens traded—nearly five times average volume
Technical Insights
- DOGE:
- Continues to chart higher highs, supported by strong volume—an indicator of potential institutional interest.
- Faces resistance at the psychological $0.20 mark.
- A dip to $0.1976 late in the session signals possible short-term exhaustion.
- SHIB:
- Maintains a gradual upward trend, underscored by a triangle breakout on the SHIB/BTC chart.
- Remains above both the 50-day and 200-day moving averages, with sentiment edging toward “Greed.”
What Traders Are Watching
- DOGE:
- Can it sustain above $0.200 and extend toward the next targets at $0.215–$0.22?
- A fall below $0.194 could weaken the bullish outlook in the near term.
- SHIB:
- Watching the $0.000014–$0.000015 zone for signs of a breakout.
- Staying above key moving averages could open a path toward $0.000016 and beyond.
DOGE vs. SHIB: Which Meme Coin Trade?
- DOGE offers high volatility and momentum, appealing to short-term traders looking for quick swings.
- SHIB provides a steadier, more structured price movement, making it attractive for traders seeking layered entries and longer-term plays.
- Those seeking fast action may favor DOGE, while more patient traders might choose SHIB’s quieter but stable progress.
Final Thoughts
DOGE’s recent rally highlighted significant momentum, backed by robust trading volume and technical patterns. However, signals of near-term exhaustion are emerging. In contrast, SHIB continues to build a solid foundation, driven by steady volume and growing market sentiment, positioning itself for potential further gains.
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