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DOGE and SHIB Price Analysis for September 12

Tue, 09/12/2023 - 18:00
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Denys Serhiichuk
Can rates of DOGE and SHIB keep their upward momentum?
DOGE and SHIB Price Analysis for September 12
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The market might have found a local bottom, according to CoinStats.

Top coins by CoinStats


The price of DOGE has increased by 1.96% since yesterday.

Image by TradingView

Today's rise has not affected the technical picture on the daily time frame as the rate keeps trading in the middle of a wide channel. At the moment, one should pay attention to the vital mark of $0.06. If the candle closes below it, traders are likely to see a further correction to the support of $0.0556 shortly.

DOGE is trading at $0.06142 at press time.


SHIB has turned out to be more of a gainer than DOGE, rising by 3.23%.

Image by TradingView

Despite the rise, the price of DOGE remains below the level of $0.00000725. Thus, the selling volume is rising, which means that bears are more powerful than bulls. 

BTC, ETH and XRP Price Analysis for September 11

If buyers cannot return the rate above the mentioned mark, a fall is likely to continue to the area of $0.000007.

SHIB is trading at $0.00000724 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