Cryptocurrencies Price Prediction: Shiba, Dogecoin & SafeMoon – American Wrap 01 November
|Shiba Inu prints bullish continuation pattern towards $0.00011
Shiba Inu price was undoubtedly one of the biggest surprises for October. Very few cryptocurrencies in October can claim a monthly close of over 830% from the open. Fewer still can claim to have reached highs as much as 1,138% above the monthly open. So the question many Shiba Inu traders are asking now is this: will Shiba Inu go higher, or is a deeper retracement coming?
SafeMoon price to find support while buyers eye return to $0.000007
SafeMoon price, along with Shiba Inu, was one of the biggest surprises of October. However, threats of a deeper pullback could be dismissed given the deep retracement that occurred over the weekend, followed by solid dip-buying.
Dogecoin targets $0.5 as DOGE finds dip buyers
Dogecoin price is in its third consecutive day of testing the weekly Tenkan-Sen (thick blue line) as support. While short-sellers have been able to pressure Dogecoin lower, buyers have swiftly come into return Dogecoin above that weekly Ichimoku level.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.