© Reuters DOGE and SHIB Price Analysis for June 9
U.Today – The keeps trading sideways as neither bulls nor bears have seized the initiative yet.
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The rate of DOGE has risen by 2.32% over the last 24 hours.
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Today’s growth has not affected the overall technical position of DOGE on the daily chart. The declining volume confirms that none of the sides is ready for a sharp move. The nearest mark that bulls should pay attention to is the zone of $0.074.
If the price gets back to it, there is a chance to see a resistance breakout, followed by a continued upward move to $0.08.
DOGE is trading at $0.06936 at press time.
SHIB has not followed the growth of DOGE, going down by 0.21%.
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From a technical point of view, SHIB is trading similarly to DOGE as the meme coin keeps accumulating energy. In this case, ongoing sideways trading in a narrow range around the $0.000008 zone is the more likely scenario for the next week.
SHIB is trading at $0.00000798 at press time.
