Out of the top-performing cryptocurrencies, Shiba toby and Teddy Doge have emerged as the stars demonstrating really high gains in the past 24-hours. Let us go through their performance in the past few days and analyze where they would be in the coming days.
Shiba toby (SHIBT) Swells by 411.11%
From the 1st of March until March 18, the value of Shiba toby remained underappreciated. Its price kept hovering between the low of $0.00000001134 and the high of $0.00000001603. Despite the difference in prices, it hadn’t shot up to its expected potential.
On March 19, the bulls launched their first attack, which saw the price of Shiba toby swell up to $0.00000004553 per SHIBT. This was a high and a huge jump recorded for Shiba toby, but the bears were not going to come easy against the bears.
The bears launched their attack against the bulls on the same day and started selling Shiba toby as the rally gained a tremendously high level.
They kept selling Shiba toby on a high scale until the price of Shiba toby ended up losing its worth, coming all the way down to $0.00000002097 per SHIBT. Still, the price of Shiba toby was much higher than the high price it had observed back on March 18.
Afterward, the price of Shiba toby again dipped only to be lifted up by the bulls in the past 24-hours at a high rate of 411.11%. This has worked wonders for Shiba toby and it is currently at a high price of $0.00000007781 per SHIBT.
The bulls still seem confident as they are not abandoning the rally. With such a strong determination, the bulls may succeed in pushing Shiba toby up into the resistance line. The first mark the bulls may hit would be $0.0000001577, and going forward, they may hit $0.0000003002 per SHIBT.
Teddy Doge (TEDDY) Encourage by 304.74%
Then come the supporters of Teddy Doge who witnessed a dip in its value from March 18 ($0.0004606) down to March 21 ($0.0001495). Surprisingly, the bulls were getting ready to counter the bears, which they did in the past 24-hours, and have formed a 304.74% rally.
This has shot the value of Teddy Doge all the way up to a high mark of $0.0009114 per TEDDY. As the bulls keep building more momentum, the bears may not be able to fight their might.
This would result in the bears leaving the trend and becoming dormant. On the other hand, neutral investors may start buying Teddy Doge in support of Teddy Doge’s positive trend.
This would push the price of Teddy Doge up to $0.001605 per TEDDY, and if things keep going well, the price of Teddy Doge may surge to $0.002638 per TEDDY.
The post Price Analysis of Shiba Toby (SHIBT) and Teddy Doge (TEDDY) appeared first on CryptocyNews.com.
from CryptocyNews.com https://www.cryptocynews.com/price-analysis-of-shiba-toby-shibt-and-teddy-doge-teddy/
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