The week started in neutral mode in the cryptocurrency market as some coins are in the red zone while others are in the green.
DOGE / USD
DOGE’s rate has fallen 1.15% over the past 24 hours.
DOGE is trading in a channel between support at $ 0.1310 and resistance at $ 0.2204. Trading volume remains low, which means traders haven’t built up enough energy for another sharp move.
In this case, continued sideways trading is the most likely scenario for the next few days.
DOGE is trading at $ 0.1713 at time of publication.
SHIB / USD
The price of SHIB is almost unchanged since yesterday. It only increased by 0.12%.
The volatility of the SHIB is at its lowest level in the face of the drop in the volume of transactions. Currently neither bulls nor bears dominate as the rate is far from its support and resistance zones.
If bear pressure continues, price could test the most liquid area around $ 0.000028 in the near future.
SHIB is trading at $ 0.00003392 at time of release.
FLOKI / USD
FLOKI is the biggest winner on the list today with a price change of + 4.73%.
FLOKI made a false break out of the resistance at $ 0.000115. If the bulls cannot break through this level and settle above, the bears will control the situation in the market. If they keep the pressure on, it is possible to see a further test of the support at $ 0.00009675 soon.
FLOKI is trading at $ 0.00010786 at time of publication.