Analysis of DOGE and SHIB Prices on June 13th

Despite some recent market volatility, most coins are currently in the green zone and well-positioned for further growth. One coin that has seen gains recently is DOGE, which has risen by 0.77% over the past 24 hours. On the daily chart, DOGE has made a false breakout of the $0.06 zone, indicating that buyers are not giving up easily. If the bar closes above yesterday’s peak and near the resistance at $0.06253, further growth to $0.063 could be seen. Meanwhile, SHIB has gained even more than DOGE, going up by 2.81%. Technically, SHIB is trading similarly to DOGE and is trying to reach the $0.000007 zone after a false breakout of the $0.00000550 mark. If today’s candle closes with no long wicks, the upward move is likely to continue. Overall, investors should always perform their own research before making any investments and only invest money they can afford to lose.

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About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

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