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The new week has started with an upward move on the cryptocurrency market.
DOGE/USD
The price of DOGE has increased by 1.31% over the last 24 hours.
On the daily chart, the price of DOGE is looking bullish as the bar is about to close above yesterday's peak.
Denys SerhiichukIf that happens, an ongoing rise may continue, which can lead to a test of the next resistance level of $0.07516 this week.
DOGE is trading at $0.07 at press time.
SHIB/USD
SHIB is less of a gainer than DOGE, going up by 0.50%.
The rate of SHIB remains in the bullish zone as the rate keeps trading above the level of $0.00000779. However, if buyers want to hold the initiative, they need to return the price to the zone of $0.00000850. Only in that case, one can expect further midterm growth.
SHIB is trading at $0.000008 at press time.
Alex Dovbnya
Vladislav Sopov
Dan Burgin