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The weekend has started with a bearish mood on the cryptocurrency market. However, there are some exceptions.
The rate of DOGE has fallen by 0.65% over the last 24 hours.
On the daily chart, the price of DOGE keeps trading sideways as neither bulls nor bears have accumulated enough energy for a sharp move.
In this case, consolidation in the range of $0.078-$0.08 is the more likely scenario for the next days.
DOGE is trading at $0.07912 at press time.
Unlike DOGE, the rate of SHIB has increased by 0.47% since yesterday.
Even though the price of SHIB has risen, buyers have not accumulated enough strength for continued growth. Bulls may start thinking about a midterm bull run only if they restore the rate above the $0.00000950 zone.
SHIB is trading at $0.00000910 at press time.
The price of BONK has declined by 1% over the last day.
On the daily chart, the rate of BONK is bearish as the price is once again approaching the vital zone of $0.000010. If a breakout happens, there is a high chance of a test of the support level at $0.000009246 soon.
BONK is trading at $0.00001043 at press time.
With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at denys.serhiichuk@u.today.
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