The Crypto market began the week with a slump. Shiba Inu dropped to a 20-day low, and Dogecoin also followed suit, losing ground for four consecutive sessions.
Shiba Inu (SHIB)
Monday saw Shiba Inu prices fall to their lowest point in the last 20 days. SHIB/USD topped out at $0.00000928282, and is now down by nearly 5%, currently trading at $0.000008794.
This is the same low point we saw on Nov 22, when the token was valued at $0.00000817.
The chart above shows SHIB breaking through the $0.00000885 floor, and the 14-day RSI also dropped, hitting a low of 43.70.
Should this bearish trend continue, we may see sellers try to reclaim the lows of Nov 22.
Dogecoin (DOGE)
Dogecoin also lost ground on Monday, marking its fourth consecutive day of decline. DOGE/USD dropped to an intraday low of $0.08729, after hitting a high of $0.09682 just 24 hours prior.
The token has plummeted by almost 10%, now at its lowest point since Nov 25.
