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DOGE and SHIB Price Analysis for June 26

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Sun, 26/06/2022 - 17:00
DOGE and SHIB Price Analysis for June 26
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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Bulls are not going to give up as all of the top 10 coins remain in the green zone.

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Top coins by CoinMarketCap

DOGE/USD

DOGE is one of the biggest gainers today, rising by 8.80% over the last 24 hours.

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DOGE/USD chart by TradingView

DOGE has broken the resistance level at $0.0711 on the daily chart and is trying to fix above it. If buyers can hold the gained initiative, traders can expect a continued rise next week to the area of $0.08.

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However, in case of a false breakout, there are chances to the a correction.

DOGE is trading at $0.07225 at press time.

SHIB/USD

SHIB could not show the same growth as DOGE, rising by 4.74% over the previous day.

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SHIB/USD chart by TradingView

The rate of SHIB is approaching the local resistance level at $0.00001297. The volume remains high, which means that this mark plays an important role in terms of further growth. If the daily candle closes near $0.000012, the breakout might happen within the next few days.

SHIB is trading at $0.00001179 at press time.

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