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DOGE and SHIB Price Prediction for November 11

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Mon, 11/11/2024 - 13:37
DOGE and SHIB Price Prediction for November 11
Cover image via U.Today

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The market keeps growing at the beginning of the week; however, there are some exceptions to this rule, according to CoinStats.

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Top coins by CoinStats

DOGE/USD

DOGE is the biggest gainer today, rocketing by almost 20%.

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Image by TradingView

On the daily chart, traders should pay attention to the current bar's closure in terms of yesterday's candle peak. If a false breakout happens, there is a chance to see a correction to the $0.28 area.

DOGE is trading at $0.2895 at press time.

SHIB/USD

SHIB has followed the growth of DOGE, rising by 12%.

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Image by TradingView

Despite today's sharp rise, the price of SHIB is trading within yesterday's daily bar. 

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If the situation does not change by the end of the day, sideways trading in the zone of $0.000024-$0.000028 is the more likely scenario.

SHIB is trading at $0.00002615 at press time.

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