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DOGE and SHIB Price Analysis for August 14

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Sun, 14/08/2022 - 15:01
DOGE and SHIB Price Analysis for August 14
Cover image via www.tradingview.com

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Bulls are losing power at the end of the week. However, some coins keep trading in the green zone.

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Top coins by CoinMarketCap

DOGE/USD

The rate of DOGE has increased by 11.70% over the last 7 days.

DOGE/USD chart by TradingView

DOGE is about to break the resistance level at $0.07759 on the weekly chart. If buyers can hold the gained initiative, the breakout might lead to a test of the $0.09 zone within the nearest days.

DOGE is trading at $0.07752 at press time.

SHIB/USD

SHIB has outperformed DOGE, rocketing by almost 30%.

SHIB/USD chart by TradingView

SHIB has already broken the resistance level at $0.00001297 and is on the way to the mirror level at $0.00001704. If the buying volume increases, the aforementioned resistance can be attained next week.

SHIB is trading at $0.00001553 at press time.

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