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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