Shiba Inu Shows Strength Compared To Dogecoin, Settles Into This Pattern: What To Watch For

Shiba Inu (CRYPTO: SHIB) was trading slightly lower during Monday’s 24-hour trading session but showing strength in comparison to Dogecoin (CRYPTO: DOGE), which was tumbling over 8% to lose support at the 200-day simple moving average. Earlier in the session, Shiba Inu popped up about 2.5% but was unable to break above Sunday’s high-of-day due to bearish price action in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which were declining in tandem with the S&P 500.