Crypto

Which coins have accumulated enough energy to keep going up? | Cryptocurrency

On the last day of the week, traders took the lead as all of the top 10 coins returned to the green zone.

Bitcoin/US dollar

The price of Bitcoin (BTC) is up 6.29% in the last 7 days.

BTCUSD

BTC/USD Chart by TradingView

In the medium term, Bitcoin (BTC) is poised to gain a foothold above the $22,400 mark. In addition, with the strength of the sellers comes a lot of volume, which indicates a high probability of further growth next week.

All in all, breaking above the above level could be a prerequisite for an upside move towards the $24,000 area next week.

Bitcoin is trading at $22,525 at press time.

DOGE/US dollar

DOGE has outperformed Bitcoin (BTC) as it is up 6.72% this week.

doge

DOGE/USD Chart by TradingView

Despite upside potential, DOGE is trading sideways as it sits in the middle of a wide channel between support at $0.04978 and resistance at $0.07759. The low volume confirms that neither side is ready for a sudden move. Growth is possible only if DOGE returns to $0.07 and corrects there.

DOGE is trading at $0.06789 at press time.

SHIB/USD

SHIB posted the strongest gain on today’s list, with the price up nearly 7% over the past week.

SHIB

SHIB/USD Chart by TradingView

SHIB made a false breakout of the local resistance level at $0.00001297. As long as the rate is lower, bears tend to be stronger than bulls. In this case, the most likely scenario is consolidation in the $0.000011 to $0.0000012 range so buyers can get more power for the next move.

At press time, SHIB is trading at $0.00001167.

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