DOGE and SHIB Prices: Can Their Upward Momentum Continue?
Find out if the upward momentum of DOGE and SHIB prices can be sustained. Stay informed with the latest cryptocurrency market analysis.
Posted 2 months ago in Bitcoin
The market might have found a local bottom, according to CoinStats. Top coins by CoinStats DOGE/USD The price of DOGE has increased by 1.96% since yesterday.
Today's rise has not affected the technical picture on the daily time frame as the rate keeps trading in the middle of a wide channel. At the moment, one should pay attention to the vital mark of $0.06. If the candle closes below it, traders are likely to see a further correction to the support of $0.0556 shortly. DOGE is trading at $0.06142 at press time.
SHIB/USD SHIB has turned out to be more of a gainer than DOGE, rising by 3.23%.
Despite the rise, the price of DOGE remains below the level of $0.00000725. Thus, the selling volume is rising, which means that bears are more powerful than bulls.
If buyers cannot return the rate above the mentioned mark, a fall is likely to continue to the area of $0.000007. SHIB is trading at $0.00000724 at press time.
Last updated 9/13/2023, 2:36:46 AM
Related Articles
SEC Further Delays BlackRock Spot Bitcoin ETF Amidst Growing Institutional Interest
Posted 2 months ago in Bitcoin
Bitcoin Defies Bearish Prediction: Analyst Benjamin Cowen's $23,000 Forecast Proven Wrong
Posted 2 months ago in Bitcoin
Bitcoin Sets Positive Tone for October with First Green September in Seven Years
Posted 2 months ago in Bitcoin
News Letter
Subscribe to the CryptoCat.ai newsletter to stay updated with the latest cryptocurrency news, insightful articles, market trends, and more – delivered directly to your inbox!
Is email too old school? Well you can get your news directly on twitter just by following us
Follow Us