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DOGE and SHIB Price Analysis for April 17

Sun, 04/17/2022 - 15:22
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Denys Serhiichuk
Have DOGE or SHIB accumulated enough energy for a rise?
DOGE and SHIB Price Analysis for April 17
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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The end of the week has turned out to be bullish for the cryptocurrency market.

Top coins by CoinMarketCap
Top coins by CoinMarketCap


DOGE could not follow most of the coins as the drop of the meme cryptocurrency has accounted for 0.92% over the last day.

DOGE/USD chart by Trading View
DOGE/USD chart by Trading View

DOGE is trading sideways after the breakout of the $0.1251 level. Currently, the altcoin is accumulating energy for a further move based on the decreasing trading volume. All in all, one should not expect any fluctuations from DOGE soon.

BTC, XRP and DOGE Price Analysis for April 15

In this case, trading between $0.14 and $0.15 is the more likely price action for the upcoming days.

DOGE is trading at $0.1438 at press time.


SHIB has lost less than DOGE with a drop of 0.20%.

SHIB/USD chart by Trading View
SHIB/USD chart by TradingView

From the technical point of view, SHIB is neither bullish nor bearish as the price is in the middle of the wide channel. However, if buyers can get to $0.000026 and fix above it, the rise may lead the rate to the range of $0.000027-$0.000030 by the end of the month.

SHIB is trading at $0.00002591 at press time.

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About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at