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DOGE and SHIB Price Analysis for November 9

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Wed, 9/11/2022 - 15:30
DOGE and SHIB Price Analysis for November 9
Cover image via www.tradingview.com

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The drop has continued today as none of the top 10 coins is in the green zone.

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Top coins by CoinMarketCap

DOGE/USD

DOGE is one of the biggest losers today, going down by 11%.

DOGE/USD chart by Trading View

On the daily chart, DOGE broke the support level at $0.09; however, it is trying to for this level today. If the price fixes above it against the increased volume, there are chances to see a correction to the vital zone of $0.1 by the end of the week.

DOGE is trading at $0.08943 at press time.

SHIB/USD

SHIB is following the drop of DOGE, declining by 8.91% since yesterday.

SHIB/USD chart by TradingView

On the daily chart, SHIB has reached the support level at $0.00000924 against the declining volume. Currently, one needs to pay attention to the closure of the bar.

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If that happens near the level, one can expect the sharp dump to the $0.00000850 zone shortly.

SHIB is trading at $0.00000987 at press time.

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