<figure>
 <figcaption>
  Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<p>The market is mainly red on the first day of the weekend, according to <a href="https://u.today/bitcoin-btc-price-analysis-for-september-8-0" rel="noopener noreferrer nofollow">CoinMarketCap's ranking</a>.</p> <img src="https://u.today/sites/default/files/inline-images/top10_645.png">Top coins by <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
<h2 id="doge-usd">DOGE/USD</h2>
<p>The price of DOGE has declined by 0.20% since yesterday.</p> <img src="https://u.today/sites/default/files/inline-images/doge_196.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a>
<p>Today's slight decline has not affected the general technical picture of DOGE on the daily time frame. The falling volume confirms that neither bulls nor bears could seize the initiative so far.</p>
<p>In this case, ongoing sideways trading in the area of $0.062-$0.066 remains the more likely scenario for the next few days.</p>
<p>DOGE is trading at $0.06344 at press time.</p>
<h2 id="shib-usd">SHIB/USD</h2>
<p>The rate of SHIB has followed DOGE, going down by 0.39% over the last 24 hours.</p> <img src="https://u.today/sites/default/files/inline-images/shib_160.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SHIBUSD" rel="noopener noreferrer nofollow">TradingView</a>
<p>From the technical point of view, SHIB is trading similarly to DOGE as the price has not decided which way to go yet. However, if the decline continues to the $0.00000740 mark, there is a high possibility of a support breakout followed by a blast to the $0.000007 area shortly.</p>
<p>SHIB is trading at $0.00000762 at press time.</p>

DOGE and SHIB Price Analysis for September 9

Table of Contents

U.Today

Other articles published on Sep 9, 2023

Join our free newsletter for daily crypto updates!