October Outlook for Dogecoin and Shiba Inu: Can They Clear Resistance?
The prices of Dogecoin (DOGE) and Shiba Inu (SHIB) have shown some strength as they enter the month of October. Over the past month, DOGE has climbed 14%, reaching around $0.09495, and SHIB has pumped 11% to about $0.000005782.
However, the latest session has cooled that advance, with DOGE down 0.66% and SHIB down 0.88% over 24 hours. The DOGE price is facing rejection around a key resistance area, and SHIB lacks a fresh buying catalyst despite several ecosystem developments.
For October, the prices will depend on whether September's recovery can hold through support levels and whether buyers can clear the resistance zones overhead. For DOGE, the bullish path would be a recovery above $0.099 and then $0.10, opening the door toward $0.105, $0.11. The neutral path would keep the DOGE price between $0.092 and $0.10 through October.