The cryptocurrency market is currently experiencing a gradual growth phenomenon. With Bitcoin touching $60K, the market is healing and on its way to helping other altcoins, including Shiba Inu, achieve their highest price pedestals.
Here’s how High Shiba Inu (SHIB) and Dogecoin (Doge) can rise, given that the crypto market is now turning its tables.
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Shiba Inu Price Prediction (September End)
Image Source: Watcher Guru
Shiba Inu is currently one of the most trending coins in the market. The cryptocurrency token leaves no stone unturned to keep its ecosystem brewing with new developments.
With the launch of SHIB DeFi, SHIB Marketplace, and SHIB Socials already in the queue, the token is also carving new milestones by renewing its roadmap to better investor sentiment in the long haul.
According to CoinCodex, Shiba Inu is set to ascend to new highs by the end of September 2024. The token will spike 37% to claim the new $0.0001820 price level.
Image: CoinCodex
However, by mid-October, SHIB may again plummet to the $0.00013 price level.
Image: CoinCodex
“According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to drop by -0.51% and reach $0.00001288 by October 16, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 33 (fear). Shiba Inu recorded 15/30 (50%) green days with 4.49% price volatility over the last 30 days. Based on the Shiba Inu forecast, it’s now a bad time to buy Shiba Inu.”
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Dogecoin Price Prediction for September End
Source – Bankrate
Dogecoin is yet another notable cryptocurrency that has carved its own identity in the crypto world. Elon Musk often endorses Dogecoin, causing slight fluctuations in its price volume.
However, Doge has hit a rough patch recently and cannot recover from its previous price pace. The development has yet to deter consumer sentiment, which still believes the token can surprise the market soon.
According to CoinCodex, Doge may experience another volatile end ahead as it may plummet 10% to hit the $0.88 price level.
Image: CoinCodex
Doge is entering October with a similar price stance and may trade at the $0.85 level by October 17.
Image: CoinCodex
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to drop by -13.68% and reach $0.085347 by October 16, 2024. Per our technical indicators, the current sentiment is bearish while the Fear & Greed Index is showing 39 (fear). Dogecoin recorded 16/30 (53%) green days with 4.36% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a bad time to buy.”
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