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DOGE and SHIB Price Analysis for September 24

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Sat, 24/09/2022 - 21:00
DOGE and SHIB Price Analysis for September 24
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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Bulls tend to be more powerful than bears as all the top 10 coins are in the green zone again.

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Top coins by CoinMarketCap

DOGE/USD

DOGE has caught the attention of the cryptocurrency market today as its price has rocketed by 10% over the last 24 hours.

DOGE/USD chart byTradingView

On the daily time frame, the meme coin has entered the bullish zone after the breakout of the $0.06531 level. While the rate is above it, there are more chances to see growth than a fall.

Related
XRP and XLM Price Analysis for September 23

Thus, if the volume remains high, one can expect a possible test of the resistance level at $0.07161 shortly.

DOGE is trading at $0.06629 at press time.

SHIB/USD

The rate of SHIB is also rising, going up by 4.76% since yesterday.

SHIB/USD chart by TradingView

Despite today's rise, the price is far away from the bullish zone as SHIB is still located close to the support level at $0.00001029. If buyers plan to seize the initiative, one needs to wait until the return to the $0.0000130 zone.

SHIB is trading at $0.00001126 at press time.

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