DOGE and SHIB Price Analysis for October 23 – U.Today


DOGE and SHIB Price Analysis for October 23 – U.Today


The market is mainly green today, however, there are some exceptions to the rule, according to CoinStats.

Top coins by CoinStats

DOGE/USD

The rate of DOGE has risen by 1.15% over the past day.

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Image by TradingView

On the daily chart, the price of DOGE is far from support and resistance levels. In this case, one should focus on the nearest zone of $0.20. 

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If its breakout occurs and the bar closes above it, the upward move is likely to continue to $0.2183.

DOGE is trading at $0.1948 at press time.

SHIB/USD

The price of SHIB has gone up by 1.4% over the past 24 hours.

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Image by TradingView

From the technical point of view, the rate of SHIB remains under sellers’ pressure as the price has not bounced off far from the support of $0.00000956. If its breakout happens, traders may expect a further correction to the $0.000009 range.

SHIB is trading at $0.00001005 at press time.



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