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DOGE and SHIB Price Analysis for December 13

Tue, 13/12/2022 - 21:30
DOGE and SHIB Price Analysis for December 13
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Bulls are trying to seize the initiative on the first day of the week, according to the CoinMarketCap ranking.


Top 10 coins by CoinMarketCap


The rate of DOGE has risen by 5.81% over the last 24 hours.

DOGE/USD chart by TradingView

Despite the rise, the price could not fix above the $0.095 mark, which means that the accumulated strength is not enough yet for a midterm bull run. Thus, if the candle closes with a long wick, there are chances to see a bounce back below the $0.09150 level soon.

DOGE is trading at $0.09194 at press time.


SHIB has gained less than DOGE, going up by 3.62%.

SHIB/USD chart by Trading View

SHIB is trying to fix above yesterday's peak at $0.00000911 against the rising volume. If buyers manage to do that, the rise may continue to the resistance around $0.0000095 shortly. Such a scenario is relevant until the end of the week.

SHIB is trading at $0.00000920 at press time.


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