DOGE and SHIB Price Analysis for January 15

Price Analysis
Mon, 01/15/2024 - 15:42
Cover image via www.tradingview.com
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Bulls could not hold the initiative, and most of the coins have continued to decline.

Top coins by CoinMarketCap

DOGE/USD

The price of DOGE has declined by 1.84% over the last 24 hours.

Image by TradingView

On the hourly chart, the rate of DOGE is trying to fix above the $0.08 zone. However, if it fails to do that, bears might again seize the initiative, which could lead to a test of the support level of $0.075 soon.

DOGE is trading at $0.08050 at press time.

SHIB/USD

SHIB is not an exception to the rule, going down by 2.86%.

Image by TradingView

From the technical point of view, SHIB is trading similarly to DOGE. Sellers are not going to give up, as the price remains below the vital zone of $0.000010.

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BTC, ETH and BNB Price Analysis for January 14

In this case, one can expect an ongoing correction to $0.00009 shortly.

SHIB is trading at $0.00000962 at press time.