DOGE and SHIB Price Analysis for September 18


DOGE and SHIB Price Analysis for September 18


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Bulls tend to be more powerful than bears on the first day of the week, according to CoinStats.

Top coins by CoinStats

DOGE/USD

The price of DOGE has increased by 0.68% over the past 24 hours.

Image by TradingView

On the daily chart, the rate of DOGE is approaching the recently formed resistance of $0.06296. If buyers keep the price around that mark, the accumulated energy should be enough for a blast to the $0.065 zone soon.

DOGE is trading at $0.06245 at press time.

SHIB/USD

SHIB has followed the rise of DOGE, going up by 1.11%.

Image by TradingView

Today’s rise has not affected the general position of DOGE on the chart. The rate remains far from the level of $0.00000757, which means that it is too early to think about a reversal.

In this case, sideways trading in the area of $0.00000730-$0.00000750 is the more likely scenario for the following week.

SHIB is trading at $0.00000735 at press time.



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