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DOGE and SHIB Price Analysis for October 30

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Mon, 30/10/2023 - 15:32
DOGE and SHIB Price Analysis for October 30
Cover image via www.tradingview.com

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The new week has started with an upward move on the cryptocurrency market.

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Top coins by CoinMarketCap

DOGE/USD

The price of DOGE has increased by 1.31% over the last 24 hours.

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Image by TradingView

On the daily chart, the price of DOGE is looking bullish as the bar is about to close above yesterday's peak. 

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If that happens, an ongoing rise may continue, which can lead to a test of the next resistance level of $0.07516 this week.

DOGE is trading at $0.07 at press time.

SHIB/USD

SHIB is less of a gainer than DOGE, going up by 0.50%.

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Image by TradingView

The rate of SHIB remains in the bullish zone as the rate keeps trading above the level of $0.00000779. However, if buyers want to hold the initiative, they need to return the price to the zone of $0.00000850. Only in that case, one can expect further midterm growth.

SHIB is trading at $0.000008 at press time.

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