Bears have turned out to be more powerful than bulls on the last day of the week as most of the coins are in the red zone.
BTC/USD
Bitcoin (BTC) is among those coins who keep trading in the green zone. However, despite the slight growth since yesterday, it has fallen by 8.31% over the last week.
Bitcoin (BTC) could not fix above the $44,000 mark, which means that buyers might need more time to accumulate energy for further growth. Such a statement is also confirmed by the declining selling trading volume. In this case, the bullish scenario remains relevant if bulls can hold the vital $40,000 mark. In another case, a drop is possible to the support level at $32,871.
Bitcoin is trading at $42,557 at press time.
DOGE/USD
DOGE is the biggest gainer from today’s list as the price of the meme coin has gone up by 3.62%.
DOGE has made a false breakout of the recently formed resistance level at $0.1731. The price has also gone below another level at $0.1537, which means that one should not expect fast growth from the coin. In this case, the more likely scenario is sideways trading in the range of $0.14-$0.16 by the end of the month.
DOGE is trading at $0.1519 at press time.
SHIB/USD
SHIB has followed the rise of DOGE, rising by 2% over the past 24 hours.
Despite today’s growth, SHIB is neither bullish nor bearish in the mid-term secnario as the rate is located in the middle of a wide channel, between the support at $0.00001695 and the resistance at $0.00003523. The current weekly candle is about to close red, which means that bears control the situation at the moment.
SHIB is trading at $0.00002460 at press time.