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SHIB and DOGE Price Analysis for November 22

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Tue, 22/11/2022 - 13:38
SHIB and DOGE Price Analysis for November 22
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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The market keeps going down except for XRP and MATIC, which have returned to the green zone.

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DOGE/USD

The rate of DOGE has declined by almost 2% over the last 24 hours.

DOGE/USD chart by TradingView

DOGE keeps trading near the support level at $0.07053. If the candle closes near it, the drop may continue up to the test of the next zone around $0.065.

Related
ETH and XRP Price Analysis for November 21

If buyers want to seize the initiative, they need to fix above the $0.08 mark.

DOGE is trading at $0.07466 at press time.

SHIB/USD

SHIB is more of a loser than DOGE, falling by 3.74%.

SHIB/USD chart by Trading View

On the daily time frame, SHIB is also trading near its support level at $0.00000829. If the situation does not change by the end of the day, the drop to $0.000008 may continue tomorrow. In addition, the volume remains low, confirming buyers' weakness.

SHIB is trading at $0.00000838 at press time.

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