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DOGE and SHIB Price Analysis for July 25

Tue, 07/25/2023 - 15:30
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Denys Serhiichuk
Which meme coin is likely to rise soon?
DOGE and SHIB Price Analysis for July 25
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The rates of most of the coins have recovered, according to the CoinMarketCap ranking.

Top coins by CoinMarketCap

Top coins by CoinMarketCap


The rate of DOGE keeps rising, going up by 2.66% over the last 24 hours.

DOGE/USD chart byTradingView

Image by TradingView

On the daily chart, the price of DOGE is about to fix above yesterday's peak. If it happens, growth may continue to the test of the $0.08 zone shortly. Such a scenario is relevant until the end of the month.

DOGE is trading at $0.07699 at press time.


Meanwhile, the rate of SHIB is unchanged since yesterday.

SHIB/USD chart by TradingView

Image by TradingView

From the technical point of view, the price of SHIB is on its way to testing the support level of $0.00000758. If buyers cannot seize the initiative soon, the breakout may be a prerequisite for a bearish midterm trend that can lead to a further downward move to the $0.00000720-$0.00000740 area.

SHIB is trading at $0.00000770 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