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DOGE and SHIB Price Analysis for June 18

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Sun, 18/06/2023 - 14:32
DOGE and SHIB Price Analysis for June 18
Cover image via www.tradingview.com

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Most of the coins have entered a correction zone, according to CoinMarketCap's ranking.

Top 10 coins by CoinMarketCap

Top coins by CoinMarketCap

DOGE/USD

The price of DOGE has fallen by 0.17% since yesterday. Over the last week, the price has risen by 0.70%.

DOGE/USD chart by Trading View

Image by TradingView

On the daily chart, the rate of DOGE is approaching the resistance at $0.06289.

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If buyers can hold the gained initiative, there is a chance to see a breakout followed by a blast to the $0.065 zone in the upcoming week.

DOGE is trading at $0.06239 at press time.

SHIB/USD

SHIB has gained more than DOGE, rising by 5.75%.

SHIB/USD chart by Trading View

Image by TradingView

The rate of SHIB has continued rising after yesterday's bullish candle closure. If the bar closes with no long wicks, one can expect a test of the resistance at $0.00000778 by the end of the month.

SHIB is trading at $0.00000729 at press time.

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