E Point Perfect – Interesting and beneficial content

DOGE and SHIB Price Analysis for October 20


The cryptocurrency market might have stopped its continued drop. However, bulls have not seized the initiative yet as some coins are still trading in the red zone.

Top 10 coins by CoinMarketCap


The rate of DOGE has risen by 0.55% over the last 24 hours.

DOGE/USD chart by Trading View

On the daily chart, DOGE has fixed in the area of $0.059. While the price is above $0.058, there is a chance for local growth. At the moment, one should pay close attention to the interim resistance zone at $0.061. If the rate breaks, the accumulated energy might be enough for a rise to the $0.062 mark.

DOGE is trading at $0.05973 at press time.


SHIB could not follow the rise of DOGE, falling by almost 1% since yesterday.

SHIB/USD chart by Trading View

From the technical point of view, SHIB is returning to the level of $0.00000971. Thus, the volume has declined, which means that buyers are not ready to be back in the game yet. If sellers’ pressure continues, a breakout of the support may lead to a test of the $0.0000090 zone within the next days.

SHIB is trading at $0.00001001 at press time.


Source link

Related posts

Shiba Inu Flips Solana in Market Cap, Here’s What’s Happening

Cardano (ADA) Price Analysis for January 24

Over Trillion SHIB Moved to Coinbase, Here’s What’s Happening

Here’s How XRP Holders Might Receive Flare Tokens After Distribution Threshold Is Reached

Three Reasons Why Bitcoin Is Not Rallying Despite Potential Bottom Reached: Details

Hundreds of Millions of XRP Moved by Anon Wallets After Ripple Shifted Billion XRP