DOGE and SHIB Price Prediction for July 6
07/06/2024 23:57Has bearish trend of DOGE and SHIB ended yet?
Original U.Today article
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Most coins are bouncing back at the beginning of the weekend, according to CoinMarketCap.
DOGE/USD
DOGE has gained a lot of value today, rocketing by almost 14%.
On the daily chart, one should pay attention to the candle's closure.
If it happens near its peak and far from the nearest level of $0.1064, the upward move may continue to the resistance of $0.1133 the upcoming week.
DOGE is trading at $0.1091 at press time.
SHIB/USD
SHIB has followed the rise of DOGE, going up by 15.24% since yesterday.
From the technical point of view, SHIB is looking less bullish than DOGE as the rate has bounced back far from the support. However, if buyers manage to fix the price above $0.00001550, the local growth may lead to a test of the $0.000016 range soon.
SHIB is trading at $0.00001538 at press time.
About the author
Denys Serhiichuk
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 protected].
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