DOGE and SHIB Price Analysis for December 15

Bears remain stronger than bulls despite the slight bounce backs of some coins.

Top 10 coins by CoinMarketCap


DOGE is the biggest loser from the list today, going down by 3.80%.

DOGE/USD chart by TradingView

On the daily chart, the rate of DOGE keeps falling from the $0.09 mark, slowly approaching the support level at $0.08471. If the closure happens near this mark, traders may see a sharp drop to the next vital zone of around $0.08.

DOGE is trading at $0.08718 at press time.


SHIB is not an exception to the rule, going down by 2.70% over the last 24 hours.

SHIB/USD chart by Trading View

Deaspite the fall, the price of SHIB keeps locating in a wide channel, between the support at $0.00000829 and the resistance at $0.00000967. At the moment, the rate is below the interim $0.000009 level, which means that bears are trying to seize the initiative. In this case, there is a high chance to see a further fall soon.

SHIB is trading at $0.00000887 at press time.

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