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Analysis of DOGE and SHIB Prices Alongside BlockDAG Developments

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by Giorgi Kostiuk

4 hours ago


The prices of meme coins DOGE and SHIB are showing different trends while the BlockDAG project prepares for significant changes.

Dogecoin Price Dynamics

Dogecoin (DOGE) is showing a consistent bullish trend with the current price around $0.18. If the price can break above $0.20, it may lead to further gains, possibly reaching $0.25. An increase in buying activity between $0.15 and $0.16 enhances the likelihood of upward movement. However, if prices slip below $0.18, DOGE could revisit the $0.14 to $0.15 range.

Shiba Inu Resistance

The Shiba Inu (SHIB) price remains under pressure, unable to break above the resistance level of $0.00001350. Despite bulls attempting to establish a strong position, indicators such as RSI and MACD point to limited momentum. If SHIB can regain its 200-day EMA, a move towards $0.00001485 is possible; otherwise, support lies near $0.00001250.

BlockDAG Successes

BlockDAG is rapidly nearing the completion of its CertiK audit, which has spurred interest in the project. So far, $225.5 million has been raised from the sale of 19.6 billion tokens. The CertiK audit, along with the earlier Halborn audit, increases investor confidence in the project. The current presale price is set at $0.0019.

The current situation in the meme coin market shows mixed signals: Dogecoin needs volume for a definitive breakout, while SHIB continues to face hurdles. In contrast, the BlockDAG project demonstrates impressive results and maintains investor interest.

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