BTC, ADA, BNB, DOGE and SHIB Price Analysis for August 12

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BTC, ADA, BNB, DOGE and SHIB Price Analysis for August 12
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Can the meme coins rise against the market correction? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch Dogecoin dogecoin jasdoge DogecoinMemes RacerDoge crypto cryptocurrency doge

However, if buyers can restore the price above the mentioned level, there are good chances to see the test of the $24,800 mark soon.Cardano has lost less than Bitcoin with a fall of 1.46%.

Cardano is trading near the resistance level at $0.5472, accumulating power for a sharp move. If the daily candle closes above $0.54, that might be a prerequsite for a midterm bull run to the $0.56-$0.57 area for the next week.Binance Coin is showing almost the same decline as Cardano . Binance Coin is trading sideways after a false breakout of the level of $336.3. However, if bulls can hold the rate above $320, there is a possibility to see a retest of the resistance soon.DOGE is not an expcetion to the rule, going down by 1.51%.

Despite today's decrease, DOGE is neither bullish nor bearish as the price is far away from crucial levels. A further upward move is possible only when the rate approaches the $0.076 on the daily chart and fixes above it.SHIB is lookig better then DOGE with a price change of -0.88%. SHIB has more chances for a rise than DOGE as the rate is coming back to the resistance level at $0.00001297 after its false breakout. All in all, closure above $0.00001250 can generate sharp growth soon.

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