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DOGE and SHIB Price Analysis for September 13

Tue, 09/13/2022 - 15:50
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Denys Serhiichuk
Have meme coins reached oversold zone yet?
DOGE and SHIB Price Analysis for September 13
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Bears have turned out to be more powerful than bulls, according to CoinMarketCap's ranking.

Top coins by CoinMarketCap


DOGE is not an exception to the rule as the price has gone down by 5.63%.

DOGE/USD chart byTradingView

The rate of DOGE keeps going down after the false breakout of the resistance level at $0.06531. The volume has increased, which means that the decline may continue. Respectively, the buyers might react if the price reaches the support at $0.058.

DOGE is trading at $0.06039 at press time.


SHIB is more of a loser than DOGE as it has dropped almost 6% since yesterday.

SHIB/USD chart by TradingView

SHIB is trading similar to DOGE as the price is also on its way to the support level at $0.00001171 on the daily chart. However, if the candle closes near the mentioned mark, one might expect a sharp drop and a breakout from the level.

SHIB is trading at $0.00001218 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