DOGE and SHIB Bounce Back: How Long Will It Last?
Read about the recent bounce back of DOGE and SHIB and how long it is expected to last.
Posted 10 months ago in Altcoins
Bulls tend to be more powerful than bears on the first day of the week, according to CoinStats.
The price of DOGE has increased by 0.68% over the past 24 hours. On the daily chart, the rate of DOGE is approaching the recently formed resistance of $0.06296. If buyers keep the price around that mark, the accumulated energy should be enough for a blast to the $0.065 zone soon.
DOGE is trading at $0.06245 at press time.
SHIB has followed the rise of DOGE, going up by 1.11%. Today's rise has not affected the general position of DOGE on the chart. The rate remains far from the level of $0.00000757, which means that it is too early to think about a reversal.
In this case, sideways trading in the area of $0.00000730-$0.00000750 is the more likely scenario for the following week.
SHIB is trading at $0.00000735 at press time.
Last updated 9/18/2023, 10:28:24 PM
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