DOGE and SHIB Price Analysis for April 21

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Dis­claimer: The opin­ion expressed here is not invest­ment advice – it is pro­vid­ed for infor­ma­tion­al pur­pos­es only. It does not nec­es­sar­i­ly reflect the opin­ion of U.Today. Every invest­ment and all trad­ing involves risk, so you should always per­form your own research pri­or to mak­ing deci­sions. We do not rec­om­mend invest­ing mon­ey you can­not afford to lose.

Bulls remain more pow­er­ful than bears as all pf the coins from the top 10 list keep trad­ing in the green zone.

Top coins by CoinMarketCap
Top coins by CoinMarketCap

DOGE/USD

Unlike oth­er coins, the rate of DOGE is going down by 0.34% over the last 24 hours.

DOGE/USD chart by Trading View
DOGE/USD chart by Trad­ing View

Despite the fall, DOGE is trad­ing in the mid­dle of the chan­nel, which means that nei­ther bulls nor bears are dom­i­nat­ing on the mar­ket. In addi­tion, the trad­ing vol­ume is going down, con­firm­ing the fact that none of the sides have accu­mu­lat­ed enough pow­er for fur­ther sharp moves.

In this case, the more like­ly sce­nario is con­tin­ued side­ways trad­ing in the range of $0.14-$0.1450 for the next few days.

DOGE is trad­ing at $0.1414 at press time.

SHIB/USD

The rate of SHIB has remained the same since yesterday.

SHIB/USD chart by TradingView
SHIB/USD chart by TradingView

SHIB is trad­ing sim­i­lar to DOGE as it is also trad­ing in the chan­nel with nei­ther bull­ish nor bear­ish sig­nals. How­ev­er, if buy­ers can hold the cur­rent lev­el and fix above $0.000026, there is a chance to see slight growth to the near­est resis­tance at $0.000030 shortly.

SHIB is trad­ing at $0.00002520 at press time.

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