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Reading: SHIB, Dogecoin (DOGE) and AVAX 11-13 October Price Predictions Comment
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EdaFace Newsfeed > Latest News > Technical Analysis > SHIB, Dogecoin (DOGE) and AVAX 11-13 October Price Predictions Comment
Technical Analysis

SHIB, Dogecoin (DOGE) and AVAX 11-13 October Price Predictions Comment

vitalclick
Last updated: October 12, 2024 12:16 am
4 months ago
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Contents
Shiba Coin Price PredictionDogecoin (DOGE)Avalanche (AVAX)

Bitcoin $60,844 price It returned to $63,000 with a steady increase on the last business day of the week, and SHIB continues the day with an 8 percent increase. The rapid recovery of the BTC price below $ 59,000 causes faster rises in altcoins. So, assuming that this positive atmosphere can continue in the coming days, how many dollars can be targeted for SHIB, DOGE and AVAX?

Shiba Coin Price Prediction

Rising by 13 percent from the bottom in 2 days Shiba Coin price It is targeting the resistance at $0.00001935. In order for the rise to be permanent and accelerate, it is necessary to take back the parallel channel support at $0.00002088, which we have stated many times.

The levels that Shiba Coin is expected to visit after a few weeks when the general market sentiment turns positive are $0.00002573 and $0.00002946. The second level channel can be expected to enter the new ATH route when it closes at the resistance point and above.

0.00001632 dollars BTC It is the support point that can be tested in case the rise in price reverses.

Dogecoin (DOGE)

dogecoin $0.108333 Investors maintained the critical $0.105 level to limit the decline. After this, we saw a return to $0.11 again. If Bitcoin If the positivity in the price gains momentum and $ 67,000 is targeted again, we can see the rise towards $ 0.13 continuing. The point where the rally will gain momentum is $0.152. In an environment where this level is maintained as support and $ 0.18 is exceeded, a target movement of $ 0.23 can be seen.

The promises of additional functions and ecosystem creation to increase the network value have long been forgotten, and in order for Dogecoin to return to its old days of rise, the risk appetite must reach its peak again. This seems difficult in the short term due to the uncertainty brought by the US elections.

Avalanche (AVAX)

After the bottoms of $20.6 and $24 AVAX It continues to make higher lows. This situation is supportive for stable price growth. But more is needed. In an environment where Bitcoin price is extremely unstable, ETH is even on the recent rise BTC While we are seeing growth in gold, it is difficult to see a big turnaround in altcoins overall. $30.72 seems to be the first target on the rise. In the second stage, $32.95 may open the door to $42.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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