DOGE and SHIB Price Analysis for January 29

Mon, 29/01/2024 – 18:00

Cover image via www.tradingview.com

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Buyers could not hold its rise for a long time, according to CoinStats.

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DOGE/USD

Unlike other coins, the price of DOGE has increased by 3.64%.

Image by TradingView

On the daily time frame, one should pay attention to the bar’s closure.

If it happens around the current levels and above yesterday’s high, the upward move may continue to the $0.086-$0.088 zone soon.

DOGE is trading at $0.08262 at press time.

SHIB/USD

SHIB could not follow the growth of DOGE, going down by 0.7%.

Image by TradingView

The price of SHIB keeps accumulating energy for a further move. As neither bulls nor bears are dominating, ongoing sideways trading in the area of $0.0000088-$0.0000090 is the more likely scenario for the current week.

SHIB is trading at $0.00000906 at press time.

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