Home > Information news > Shiba Inu (SHIB) and Dogecoin (DOGE) Slide from Critical Level, but an Altcoin Rally is Still Possible

Shiba Inu (SHIB) and Dogecoin (DOGE) Slide from Critical Level, but an Altcoin Rally is Still Possible

Release: 2024/08/14 21:47 Reading: 517

Original author:Crypto News Flash

Original source:https://coinmarketcap.com/community/articles/66bcaca23af4c640df908b4e

Shiba Inu (SHIB) and Dogecoin (DOGE) Slide from Critical Level, but an Altcoin Rally is Still Possible

Recent Altcoin Market Analysis

Shiba Inu (SHIB) and Dogecoin (DOGE) have underperformed recently, trading below crucial price points. However, experts anticipate an impending altcoin rally, surprisingly led by the DeFi platform RCO Finance (RCOF).

RCO Finance: The AI-Powered Robo Advisor

Amidst the downturn in major altcoins, RCO Finance has garnered attention. Its Robo Advisor tool, fueled by advanced AI and machine learning, empowers users with personalized financial guidance.

This tool eliminates the need for human advisors, adapting to market fluctuations in real-time to align portfolios with investors' goals. It mitigates emotional biases and streamlines market analysis.

RCO Finance prioritizes security by integrating Fireblocks and undergoing regular audits by SolidProof.

Shiba Inu's Price Decline Despite Burn Efforts

Shiba Inu (SHIB) has experienced a 4.8% drop in the past day, defying expectations of a price boost from the recent token burn. Technical indicators suggest a negative price trend for SHIB, with analysts predicting a potential decline below critical support.

Dogecoin Faces Resistance at $0.11

Dogecoin (DOGE) is currently trading at $0.10, facing resistance at $0.11. A "death cross" pattern on technical charts indicates a potential downside risk, with analysts suggesting a possible retest of $0.09 or $0.08 levels.

Join RCO Finance Presale for Alternative Opportunities

The decline in SHIB and DOGE has led investors to explore alternative options. The RCO Finance token presale has drawn strong interest, having raised nearly $1 million in the second stage.

Presale participants can acquire RCOF tokens at $0.0344, securing a share of the projected revenue stream that is expected to reach $500,000 daily in the first year. Market forecasts estimate a launch price of $0.6 for RCOF, offering a potential return of over 1000%.

Presale participants also have a chance to win rewards totaling $100,000. For more details on the RCO Finance presale, visit .

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