As we approach the end of October, two key implications arise. Firstly, the anticipated fourth-quarter rise should continue above $69,000. Secondly, the U.S. elections are nearing, and historical data suggests markets should rise around election time. But will that actually happen?
Shiba Coin Insights
To sustain the upward trend, Shiba Coin bulls must maintain the $0.0000175 level, but they have yet to achieve daily closes above $0.0000192. Following the daily close, BTC price has retraced back to $66,600, indicating a possible pullback to support levels in the coming hours. Below that, there is a foundational support level at $0.00001610.
In a scenario where BTC price regains $70,000, Shiba Coin is expected to reach $0.00002094. Subsequently, resistance levels at $0.00002593 and $0.0000293 may come into play. If the second resistance is surpassed, it could embolden traders to aim for a new all-time high.
Dogecoin Analysis
Recently, Dogecoin 
$0.097992 has consistently reached higher peaks but struggled to break through the $0.152 resistance level. This occurred as BTC’s price began its downward trajectory. At this juncture, Dogecoin’s price may retreat to $0.130, with a potential target below at $0.115.
Conversely, in a bullish scenario, potential resistance targets could be around $0.15, $0.18, and up to $0.23.
