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BTC, DOGE and SHIB Price Analysis for December 19

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BTC, DOGE and SHIB Price Analysis for December 19

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The final day of the week is rather bullish than bearish as most coins are in the green zone.

Top Coins According to CoinMarketCap
Top Coins According to CoinMarketCap

BTC/USD

The Bitcoin (BTC) fee has remained flat because yesterday, although the final week’s selling price transform has accounted for -five.50%.

BTC/USD chart by TradingView
BTC/USD chart by TradingView

Despite yesterday’s rally, Bitcoin (BTC) created a false breakout of $48,000, that means that the bears are more powerful than the bulls at the second.

However, in the medium-phrase see, sellers want to resolve under the green help at $41.967 to initiate a downtrend.

Bitcoin is trading at $46,998 at press time.

DOGE / USD

DOGE is the only coin on the record that noticed an raise in the final week, with a get of two%.

DOGE/USD chart by TradingView
DOGE/USD chart by TradingView

DOGE is however to choose which way to go as neither the bulls nor the bears are dominant at the second. Buyers want to return to the most liquid zone all over $.22 to restore development.

However, if they fail to do so, there is nonetheless a probability to when yet again witness a retest of the help at $.1310.

DOGE is trading at $.1714 at press time.

SHIB / USD

SHIB is the most depreciated coin because now as the meme has dropped .84% ​​in the previous 24 hrs.

SHIB/USD Chart by Trading View
SHIB/USD Chart by Trading View

The SHIB is gradually approving the significant help spot at $.00002952. If the sellers can continue to keep the bearish momentum and break out of this spot, the prerequisites may possibly come up for a sharp drop to the subsequent degree at $.00002010. Such a situation is related till the finish of the yr.

SHIB is trading at $.00003144 at press time.

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