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Denys Serhiichuk

Which cryptocurrencies have gathered enough power for mid-term rise?

The cryptocurrency market is going up after a slight correction yesterday.

Top 10 coins by CoinMarketCap
Top coins by CoinMarketCap

BTC/USD

Bitcoin (BTC) is the biggest gainer today, going up by 3.18% over the last 24 hours.

BTC/USD chart by TradingView
BTC/USD chart by TradingView

Bitcoin (BTC) has bounced off the $20,000 mark, showing bulls’ power. However, one needs to pay attention to the daily closure.

If buyers can hold the gained initiative, there is a chance to see the test of the $21,000 zone soon.

Bitcoin is trading at $20,072 at press time.

DOGE/USD

DOGE has gained less than BTC as it has grown by 2% since yesterday.

DOGE/USD chart by Trading View
DOGE/USD chart by TradingView

Despite the upward move today, DOGE keeps trading sideways, between the support level at $0.04978 and the resistance at $0.07759. However, if bulls continue the slight rise and hold the rate above $0.06, there are chances to see the test of the $0.075 zone by the end of the month.

DOGE is trading at $0.06119 at press time.

SHIB/USD

SHIB is growing the least today of all the coins, rising by only 2%.

SHIB/USD chart by TradingView
SHIB/USD chart by TradingView

SHIB is trading similar to DOGE as the meme coin remains trading in the narrow range. If the price stays near the $0.000010 mark for a few days, buyers might accumulate enough power for further growth.

SHIB is trading at $0.00001044 at press time.



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