DOGE and SHIB Price Analysis for October 30

30 October 2023

in DOGE

Reading Time: 2 mins read

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The new week has started with an upward move on the cryptocurrency market.

DOGE/USD

The price of DOGE has increased by 1.31% over the last 24 hours.

On the daily chart, the price of DOGE is looking bullish as the bar is about to close above yesterday’s peak.

If that happens, an ongoing rise may continue, which can lead to a test of the next resistance level of $0.07516 this week.

DOGE is trading at $0.07 at press time.

SHIB/USD

SHIB is less of a gainer than DOGE, going up by 0.50%.

The rate of SHIB remains in the bullish zone as the rate keeps trading above the level of $0.00000779. However, if buyers want to hold the initiative, they need to return the price to the zone of $0.00000850. Only in that case, one can expect further midterm growth.

SHIB is trading at $0.000008 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 denys.serhiichuk@u.today.