Breaking Crypto News | Dogecoin and Shiba INU Predicted To Soar 120%
Dogecoin and Shiba INU Predicted To Soar 120%
The top memecoins Dogecoin and Shiba INU have been consolidating in a very narrow range below their respective resistance zones
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Meanwhile, the prices are believed to explode out of consolidation and rise high by more than 100% to 125% in the first week weeks of Q2 2023
The crypto markets are plunging with a decent margin, indicating the swelling dominance of the bears over the bulls. In the meantime, the popular meme-coins, Dogecoin (DOGE) and Shiba INU (SHIB) have slashed their volatility, maybe to accumulate strength & rise high in the following breakout.
A popular analyst MMB Trader believes both the meme-coins are due for a massive upswing of nearly 120%. Read on!
Dogecoin (DOGE)
The Dogecoin price is not displaying any significant possibilities as it swings within a very narrow region. However, the analyst believes that the ‘pump’ has not ended and soon the price may trigger a notable upswing of at least 60% from the support levels at $0.8134. Rebounding from these levels, the DOGE price is believed to rise notably to hit its first target of $0.1.
After withstanding minor bearish actions, the price may further head towards the next target, stationed at $0.14, 71% distinct from the current levels.
Shiba INU (SHIB)
Shiba INU’s price has undergone a massive upswing since the beginning of 2023 and has risen by nearly 100% to reach $0.00001575 from the lows around $0.00000778. Woefully, the price further underwent a 25% drop of which the token has recovered 5% to trade at $0.00001272 at the moment.
However, the analyst believes the Shiba Inu price has a high potential and the current pullback could be temporary and short-lived. He believes that the price may easily continue from here or from the pivotal levels at $0.00001324. After withstanding some bearish action from these levels, the SHIB price is believed to rise towards the upper target at $0.00001670.
Beyond these levels, a heavy pump is expected that may uplift the Shiba Inu price beyond $0.00002 very soon.
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Disclaimer, The information provided on this video does not constitute investment advice,
financial advice, trading advice, for informational purposes only,
you should not treat any of the video’s content as such.
Please, consult your financial advisor before making any investment decisions.
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