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DOGE, SHIB and BONK Price Analysis for December 27

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Wed, 27/12/2023 - 14:30
DOGE, SHIB and BONK Price Analysis for December 27
Cover image via www.tradingview.com

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Bulls are again back in the game; however, there are some exceptions to the rule.

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Top coins by CoinMarketCap

DOGE/USD

The rate of DOGE has declined by 0.21% over the last day.

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On the daily chart, the price of DOGE is under bears' pressure as it is cannot come back to the middle of the channel.

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If buyers lose the $0.09 mark, the drop may continue to the support of $0.08380 soon.

DOGE is trading at $0.09215 at press time.

SHIB/USD

The rate of SHIB is unchanged since yesterday.

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The price of SHIB is looking more positive on the daily time frame, as it has not declined far from the resistance. If the rate returns to the $0.00001136 level, traders are likely to see a breakout to the $0.000012 zone.

SHIB is trading at $0.00001072 at press time.

BONK/USD

BONK is the biggest loser today, going down by almost 13%.

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On the daily chart, traders should pay attention to the level of $0.00001742. Until the price is below that mark, bears remain more powerful than bulls, and there is still a chance to see a further drop.

BONK is trading at $0.00001571 at press time.

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