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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.

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.

Related

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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