Original U.Today article

DOGE and SHIB Price Analysis for May 25

Wed, 05/25/2022 - 15:30

Can one expect the rise of meme coins soon?

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After sharp moves, the market is trading sideways today.

DOGE/USD

The rate of DOGE has declined over the last day, falling by 0.53%.

From the technology point of view, DOGE remains trading in the middle of the wide range between the support at $0.0711 and the resistance at $0.10.

BTC, ETH and XRP Price Analysis for May 24

As the volume remains low, the price is likely to keep trading in the range of $0.08 and $0.09 within the next few days.

DOGE is trading at $0.0832 at press time.

SHIB/USD

SHIB has followed the decline of DOGE, going down by 0.47%.

SHIB is more bearish than DOGE as the rate is located close to the support at $0.000011. If the decline continues, there are chances to see a drop to the vital level at $0.000010 next week.

SHIB is trading at $0.00001163 at press time.

#Dogecoin Price Prediction #Shiba Inu (SHIB) Price Prediction

About the author

Denys Serhiichuk

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 denys.serhiichuk@u.today.