E Point Perfect

DOGE and SHIB Price Analysis for December 30


Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Bears remain more powerful than bulls as the rates of most of the coins are falling.

Top 10 coins by CoinMarketCap


DOGE is one of the biggest losers today, going down by 5% over the last 24 hours.

DOGE/USD chart by TradingView

The price of DOGE has broken the support at $0.06921 against the increased volume. Until the rate is below it, there are high chances to see a further decline. In this case, the drop may continue to the $0.063 zone.

DOGE is trading at $0.06699 at press time.


SHIB is less of a loser than DOGE, falling by 0.29% since yesterday.

SHIB/USD chart by Trading View

The price of SHIB has once again bounced off the support level at $0.00000793, which means that bulls have power for a local bounce back.

However, it is too early to think about the growth as the altcoin has not accumulated enough power for that. In this regard, sideways trading in the range of $0.0000080-$0.00000820 is the more likely scenario for the upcoming days.

SHIB is trading at $0.00000802 at press time.


Source link

Related posts

Shiba Inu Developer Shares New Details About Burning SHIB with Profits from Game

Manchester United Launches Tezos-Powered NFT

Cardano (ADA) Forms Crucial Support, Targets ‘Higher Highs’ from Here: Analyst

There Is No XRP Staking Program

Peter Brandt Criticizes “Arrogance” of Laser Eye Movement, John Bollinger Disagrees

Crypto Market Review, August 29