Dogecoin and SHIB are both stuck—here’s what needs to happen for them to break free

According to CoinWorld, Dogecoin (DOGE) is consolidating between $0.1175 and $0.1287 after a 7% decline, attempting to return to the Fibonacci retracement level of $0.1244. The Relative Strength Index (RSI) stands at 56.20, indicating a neutral level. Despite a $16.34 million outflow from exchanges on January 28, which sent a slight bullish signal, Dogecoin remains below all major moving averages, suggesting its overall trend is still downward. Shiba Inu (SHIB) is similarly trapped in a narrow range between $0.00000769 and $0.00000787, trading below all key moving averages, with the Supertrend indicator also confirming its bearish momentum.