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DOGE and SHIB Price Analysis for September 18

Mon, 09/18/2023 - 18:00
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Denys Serhiichuk
How long is bounce back of DOGE and SHIB going to last?
DOGE and SHIB Price Analysis for September 18
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Bulls tend to be more powerful than bears on the first day of the week, according to CoinStats.

Top coins by CoinStats


The price of DOGE has increased by 0.68% over the past 24 hours.

Image by TradingView

On the daily chart, the rate of DOGE is approaching the recently formed resistance of $0.06296. If buyers keep the price around that mark, the accumulated energy should be enough for a blast to the $0.065 zone soon.

DOGE is trading at $0.06245 at press time.


SHIB has followed the rise of DOGE, going up by 1.11%.

Image by TradingView

Today's rise has not affected the general position of DOGE on the chart. The rate remains far from the level of $0.00000757, which means that it is too early to think about a reversal.

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In this case, sideways trading in the area of $0.00000730-$0.00000750 is the more likely scenario for the following week.

SHIB is trading at $0.00000735 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