DOGE and SHIB Price Analysis for April 17 – U.Today
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The end of the week has turned out to be bullish for the cryptocurrency market.
DOGE could not follow most of the coins as the drop of the meme cryptocurrency has accounted for 0.92% over the last day.
DOGE is trading sideways after the breakout of the $0.1251 level. Currently, the altcoin is accumulating energy for a further move based on the decreasing trading volume. All in all, one should not expect any fluctuations from DOGE soon.
In this case, trading between $0.14 and $0.15 is the more likely price action for the upcoming days.
DOGE is trading at $0.1438 at press time.
SHIB has lost less than DOGE with a drop of 0.20%.
From the technical point of view, SHIB is neither bullish nor bearish as the price is in the middle of the wide channel. However, if buyers can get to $0.000026 and fix above it, the rise may lead the rate to the range of $0.000027-$0.000030 by the end of the month.
SHIB is trading at $0.00002591 at press time.
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 email@example.com.
Disclaimer: Any financial and market information given on U.Today is written for informational purpose only. Conduct your own research by contacting financial experts before making any investment decisions.
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May 15, 2022 at 03:36AM