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DOGE and SHIB Price Analysis for September 8

8 Sep, 20222 min readAnalytics
DOGE and SHIB Price Analysis for September 8

Buyers are keeping the rise going, but there are some exceptions to the rule. Mainly, the rate of DOGE has declined by 0.29% since yesterday.

DOGE/USD

DOGE has not followed the rise of other coins, having come back to the red zone.

Despite the fall, DOGE has bounced off the $0.06 mark, which means that buyers remain more powerful than sellers.

If the correction continues to $0.063, there is a good possibility of seeing a test of the resistance level at $0.06448 by the end of the week.

DOGE is trading at $0.06067 at press time.

SHIB/USD

Unlike DOGE, the SHIB price has changed by +0.35% since yesterday.

Today's slight rise has not affected the further move of SHIB as the meme coin keeps trading in the middle of the channel, accumulating power for a further move. Traders can start thinking about the local rise only when the rate comes back to the $0.00001250 zone.

SHIB is trading at $0.00001212 at press time.

Source

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