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DOGE, SHIB and FLOKI Price Analysis for March 18

Can DOGE, SHIB or FLOKI grow against other cryptocurrencies?

Fri, 18/03/2022 - 16:15

DOGE, SHIB and FLOKI Price Analysis for March 18

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Today bears are stronger than bulls; however, there are some exceptions to the rule. Ethereum (ETH) and Binance Coin (BNB) keep trading in the green zone.

DOGE/USD

DOGE could not withstand the fall of Bitcoin (BTC), going down by 1.61% since yesterday.

DOGE keeps falling after the falied attempt to fix above the $0.12 mark. The price is slowly approaching the support level at $0.1065 with no bullish signals.

BTC, XRP and LUNA Price Analysis for March 17

If the pressure continues and the daily candle closes near $0.11, the breakout of the lower level may happen next week.

DOGE is trading at $0.1154 at press time.

SHIB/USD

SHIB has lost even more than DOGE with a price drop of almost 3%.

SHIB is trading in a narrow channel between the support at $0.00002071 and the resistance at $0.00002310. Even though the selling trading volume is decreasing, the price is far from the resistance.

BTC, ETH, BNB, ADA and AVAX Price Analysis for March 16

In the event of a decline to the psychological mark of $0.000020, the fall may lead the rate of the meme coin to the nearest support at $0.00001704.

SHIB is trading at $0.00002188 at press time.

FLOKI/USD

FLOKI is the biggest loser among other meme coins from the list. It has fallen by 3.74% over the last day.

FLOKI is trading sideways with neither bullish nor bearish signals. In terms of the mid-term point of view, one should not expect any sharp moves as the coin has not accumulated enough energy for a breakout. Respectively, trading in the range of $0.000027-$0.000030 is the more likely scenario for the second part of the month.

FLOKI is trading at $0.00002756 at press time.

#Dogecoin Price Prediction #Shiba Inu (SHIB) Price Prediction #Floki Price Prediction

About the author

Denys Serhiichuk

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 denys.serhiichuk@u.today.