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BTC, DOGE, and SHIB Price Analysis for June 21

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Tue, 21/06/2022 - 16:32
BTC, DOGE, and SHIB Price Analysis for June 21
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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The cryptocurrency market is seeing more gains, with the top 10 coins being in the green zone.

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Top coins by CoinMarketCap

BTC/USD

Bitcoin (BTC) keeps going up, rising by 3.54% over the last 24 hours.

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BTC/USD chart by TradingView

Bitcoin (BTC) has extended its growth after bouncing back from the vital $20,000 mark. At the moment, the main cryptocurrency is on the way to $22,000.

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If the buying volume increases, there is a chance of seeing at least a test of the local resistance level at $23,288 within the nearest days.

Bitcoin is trading at $21,486 at press time.

DOGE/USD

DOGE has outperformed Bitcoin (BTC), spiking by 13%.

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DOGE/USD chart by TradingView

On the daily chart, DOGE has approached a pivotal resistance level. Currently, one needs to pay close attention to the daily close. If buyers can maintain the momentum and keep the price near $0.07, there is a high possibility of seeing a breakout soon.

DOGE is trading at $0.06745 at press time.

SHIB/USD

SHIB is the biggest gainer today from the list, rocketing by more than 20% since yesterday.

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SHIB/USD chart by TradingView

SHIB has already broken the resistance level at $0.00000907. The breakout has been supported by the high volume, which means that it is likely to expect a further rise. However, it can be possible if bulls can hold the $0.000010 level by the end of the day.

SHIB is trading at $0.00001069 at press time.

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