Where Dogecoin (DOGE) and Shiba Inu (SHIB) Price Should Stand?

The post Where Dogecoin (DOGE) and Shiba Inu (SHIB) Price Should Stand? appeared first on Coinpedia Fintech News

The cryptocurrency market is currently experiencing a significant rally, with major players like Bitcoin and Ethereum leading the charge. This upswing has created a favourable environment for altcoins, including Dogecoin (DOGE) and Shiba Inu (SHIB), which are gaining attention in this revitalized market. Both coins initially started as memes, have transcended their origins to become serious contenders in the crypto space.

As the entire cryptocurrency market is in the green, the million-dollar question is how far the prices of Dogecoin (DOGE) and Shiba Inu (SHIB) can grow. Is this the beginning of the long-awaited bull market, or simply a fluke?

The answers to these questions and more, as well as an in-depth look at where things are headed, are explored in this Telegram channel. The man behind the charts, graphs, and predictions is Odyssey, a very influential figure in the world of crypto, with a track record of success that speaks for itself. If you always want to be on the money, check it out and be sure that you will be hit with not only knowledge but wit as well. Odyssey can make you smirk as much as he can make you money with a scarily accurate prediction. What more could you want?

Now, let’s delve into the price forecasts for Dogecoin (DOGE) and Shiba Inu (SHIB) to see which way they are trending and what that will mean for the market at large.

Summary:

• Dogecoin (DOGE) is experiencing a bullish trend with growing investor interest, supported by its strong community and increasing adoption.
• Shiba Inu (SHIB) shows stable upward momentum, bolstered by active market transactions and a dedicated community.

Dogecoin (DOGE): Navigating Market Optimism

Dogecoin (DOGE), the pioneering meme coin, has recently showcased a significant surge, underscoring its expanding influence in the cryptocurrency market. In the last 24 hours, Dogecoin has registered an impressive increase of over 10%, escalating from $0.073 to $0.081. This upward movement is part of a broader trend, with Dogecoin (DOGE) experiencing a 14.74% rise over the past 48 hours. Accompanying this price hike is a substantial growth in trading volume, which has escalated by more than 15%, reaching around $1.15 billion.

Dogecoin (DOGE) current price fluctuates between $0.058 and $0.077. The 10-Days Moving Average is positioned at $0.075, and the 100-Days Moving Average at $0.065, both suggesting a bullish trend in the near term. However, Dogecoin (DOGE) is navigating through support levels at $0.030 and $0.049, and facing resistance levels at $0.085 and $0.103, indicating potential challenges and limits in its price trajectory.

Looking ahead, Dogecoin (DOGE) future seems bright, bolstered by its recent market performance and growing attention. Nevertheless, the Dogecoin (DOGE) Fear and Greed Index, which currently stands at 68 in the ‘Greed’ zone, signals that the market might be reaching a saturation point. This could lead to a scenario where traders begin to sell off Dogecoin (DOGE) to realize profits, potentially driving the price downward. A significant breakout for Dogecoin (DOGE) might be on the horizon if it can surpass the $0.076 level, with market observers keenly watching for a move towards the next major resistance at $0.084. Although indications suggest a positive November for Dogecoin (DOGE), accurately predicting the actual outcome is nearly impossible unless you happen to be Odyssey or someone closely following his insights on Telegram.

Shiba Inu (SHIB): A Token on the Move

Shiba Inu (SHIB) has been at the center of significant market activity, with recent blockchain data revealing a staggering transfer of 536 billion Shiba Inu (SHIB) tokens by the cryptocurrency exchange Binance. These massive transfers have sparked widespread speculation and interest within the Shiba Inu (SHIB) community, as they ponder over the potential reasons and implications for the Shiba Inu (SHIB) market.

Currently, Shiba Inu (SHIB) price is oscillating between $0.0000069 and $0.0000085. The token has shown a bullish trend, as evidenced by its price rising above both the 50-day and 100-day moving averages. This is a positive signal for traders and investors. The 10-Days Moving Average is currently at $0.0000085, while the 100-Days Moving Average is at $0.0000079. Shiba Inu (SHIB) faces support levels at $0.0000044 and $0.0000060, and resistance levels at $0.0000091 and $0.0000107, indicating a mix of potential growth and volatility.

The future of Shiba Inu (SHIB) appears to be on an upward trajectory, especially with the recent price surge and increased trading volume, which may be linked to the large transfers by Binance. These movements suggest heightened market interest in Shiba Inu (SHIB). However, traders should remain cautious, as rapid price increases can often lead to corrections if the ascent is too swift without solid fundamental backing. The Shiba Inu (SHIB) market is approaching a critical resistance level, and its ability to break through could determine whether the rally will propel the token to new heights. Given Odyssey‘s recent accurate prediction for this coin, it makes sense to seek his insights if you’re interested in anticipating the direction of the price swing.

Conclusion:

To learn more about the latest market manipulations and how to benefit from them, step into the extraordinary world of the “Odyssey” Telegram Channel! It’s more than just a crypto community; it’s a thrilling adventure led by Odyssey, a recognized leader in the crypto scene. Often dubbed the new Satoshi Nakamoto, Odyssey is set on proving their Satoshi status by pushing Bitcoin’s value down to a whopping $15,000.

Within  the “Odyssey” public group, every day holds exciting possibilities, mysteries unfold, and rewards beckon you to explore further.

Today, the community boasts thousands of subscribers and hundreds of active ambassadors, and the following is skyrocketing by an impressive 12% each week. 

This unprecedented expansion is all thanks to the channel’s charismatic founder, Odyssey. He’s no ordinary expert you’d find on the news; instead, he’s a seasoned market maker with a sharp sense of industry direction. 

What sets the “Odyssey” public group apart is freedom of expression. Followers adore Odyssey’s one-of-a-kind presentation style brimming with sarcasm and post-irony, as he never holds back in expressions when sharing his market insights.

TG – https://t.me/odymavrodi

Twitter – https://twitter.com/GrimaceOdysseus