1 C
28 November 2021
Image default

Dogecoin & Shiba Inu Could Surge Heavily! Attention Traders, This Could Be Last Buying Zone

Dogecoin Price Eyes A 30% Upswing!

Dogecoin price since the beginning of the present trading month is maintaining a substantial uptrend. The popular meme coin is attempting hard to break the upper barrier yet facing equal competition from the bears. However, the indicators point out towards a healthy uptrend, but still, the possibility of a slight pullback is also possible. 


After oscillating heavily in between the strong resistance and support levels, the price is finally attempting to clear them. The asset was trending within the ascending triangle for quite a long time and was expected to continue for a couple of days more. However, the DOGE price quickly regained bullish momentum and accumulated a little. Finally, attempted a couple of times to break the downtrend line. 

The asset initially broke the symmetrical triangle with a notable jump where-in RSI flipped the bearish divergence. Finding its support at $0.23, the asset appears to be pretty poised to hit the important resistance levels in between $0.35 to $0.44. 

Shiba INU Price Targets $0.00004300 Levels

The asset followed a magnificent rally with nearly 340% gains in just 4 days, forecasting the strength in the rally. However, after rallying like a monster, yet the Shiba Inu price appears to be pretty exhausted and is trending within the descending channel. No doubt the dump attempted the price to bring to its initial positions, yet the bulls sustained the price above $0.00002000. 



Since the price smashed its monthly highs, it followed a trend within a parallel descending channel. A couple of attempts to hit the upper levels failed and currently, the price is experiencing a slight drain. And hence a drop to $0.00002584 is quite possible in a coming couple of days. Yet, a notable rebound could assist the price to hit the immediate resistance levels at $0.00003469. Further, the price could trend in the discovery phase, smashing the current ATH. However, SHIB price may go with its own phase undergoing multiple pumps and dumps. 

Collectively, the popular meme coins are on the verge to showcase a magnificent rally ahead. Specifically, following the Shiba Inu(SHIB) price rally, the Dogecoin(DOGE) price which remained stagnant could follow soon. 

News Source


Related posts

This Red-Hot Solana ($SOL) Powered DeFi Token Is Up 22000% in Past Seven Weeks


Cardano (ADA) Price Prediction 2021: Market Analysis and Opinions


Security and Regulations Main Hurdle for Institutional Investors Regarding Crypto Investments (Survey)


Leave a Comment