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DOGE and SHIB Price Analysis for June 27

Tue, 06/27/2023 - 16:45
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Denys Serhiichuk
Can traders expect further growth of DOGE and SHIB?
DOGE and SHIB Price Analysis for June 27
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The market is trading sideways as none of the sides has seized the initiative so far.

Top 10 coins by CoinMarketCap

Top coins by CoinMarketCap


The rate of DOGE has fallen by 1.25% over the last 24 hours.

DOGE/USD chart by Trading View

Image by TradingView

On the daily chart, the price of DOGE is accumulating energy for a further move. At the moment, neither bulls nor bears can seize the initiative as the rate is far from key levels.

DOGE and SHIB Price Analysis for June 25

If buyers want to get back in the game, they need to restore the price above the $0.07 zone. Only in that case, there is a chance to see a possible test of the resistance at $0.07547.

DOGE is trading at $0.06540 at press time.


SHIB is more of a loser than DOGE, going down by 1.94% since yesterday.

SHIB/USD chart by Trading View

Image by TradingView

After a bounce back from the resistance, the price of SHIB has made a false breakout of the interim level at $0.00000750 mark. Currently, there are low chances to see any sharp moves as the coins need to gain more strength. Respectively, a consolidation in the narrow range of $0.0000078-$0.0000080 is the more likely scenario for the next days.

SHIB is trading at $0.00000761 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