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DOGE and SHIB Price Analysis for November 9

Wed, 11/09/2022 - 15:30
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Denys Serhiichuk
Can one expect bounce back of DOGE and SHIB soon?
DOGE and SHIB Price Analysis for November 9
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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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 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 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.

BTC and ETH Price Analysis for November 8

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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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