The post Dogecoin Vs. Shiba Inu: Investment Firm Reveals Why SHIB Will Outperform DOGE In 2025 appeared on BitcoinEthereumNews.com.

The rivalry between Shiba Inu (SHIB) and Dogecoin (DOGE) continues to rage, making headlines and becoming a top discussion among crypto community members. Recently, Investment firm Sistine Research unveiled a Shiba Inu chart analysis, which suggests that SHIB might be poised to outperform DOGE in 2025. The chart analysis points to a possible increase in Shiba Inu’s value against Dogecoin, highlighting key resistance and support levels for a significant price rally. SHIB Targets Key Resistance Levels To Outpace Dogecoin In a recent X (formerly Twitter) post, Sistine Research released a detailed chart of the Shiba Inu and Dogecoin trading pair, highlighting that this was “a very interesting chart.” While the chart shows SHIB bouncing off a lower support zone against DOGE, the upward move towards the higher resistance levels suggests that Shiba Inu could gain value and potentially outpace Dogecoin by 2025.  Source: X Sistine’s chart analysis of the SHIB/DOGE pair illuminates a consistent price pattern where established resistance and support levels have impacted the trajectory and performance of Shiba Inu against Dogecoin.  Based on the chart, since mid-2021, Shiba Inu has showcased a somewhat stable support zone around the price range of 0.00008 to 0.000105 DOGE. On another note, the resistance price range between 0.00019 and 0.00023 DOGE has often acted as a barrier, limiting Shiba Inu’s upward price movements. Additionally, in November 2022, Shiba Inu experienced a sharp drop from 0.000202 DOGE to 0.0000841 DOGE. Nevertheless, the meme coin managed to hold onto critical support levels, which helped propel it back to 0.00013 DOGE by February 2023.  Following the chart’s pattern, it can be noted that throughout 2023, Shiba Inu held on and consistently tested this support level. However, as the meme coin attempted to breach upper resistance levels at around 0.00019 and 0.00023 DOGE, selling pressures kicked…

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Filed under: News - @ November 10, 2024 4:06 am