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SHIB and DOGE Price Analysis for November 18

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Fri, 18/11/2022 - 21:30
SHIB and DOGE Price Analysis for November 18
Cover image via www.tradingview.com

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At the end of the week, cryptocurrencies have the chance to rise, according to the CoinMarketCap ranking.

Top 10 coins by CoinMarketCap

DOGE/USD

DOGE has followed the local bounce back of the market, rising by 1.10%.

DOGE/USD chart by TradingView

Despite slight growth, DOGE keeps accumulating strength for a further sharp move as none of the sides has enough power to seize the initiative.

Related

Respectively, trading in the area of $0.083-$0.087 is likely within the next few days.

DOGE is trading at $0.08532 at press time.

SHIB/USD

SHIB has gained less than DOGE, rising by 0.83% over the past 24 hours.

SHIB/USD chart by Trading View

From the technical point of view, SHIB is trading similarly to DOGE as the price keeps trading in a wide channel. At the moment, one should pay close attention to the interim level at $0.000009. If bears break it and fix below, the downward move may continue to the support at $0.00000861.

SHIB is trading at $0.00000915 at press time.

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