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The correction might have finished on the cryptocurrency market, according to CoinMarketCap.
DOGE/USD
DOGE is one of the biggest gainers today, rocketing by 7.12%.
On the daily chart, one should pay attention to the daily bar closure in terms of the level of $0.1848. If the candle closes above that mark and with no long wick, growth may continue to the $0.20 zone until the end of the week.
DOGE is trading at $0.1842 at press time.
SHIB/USD
The rate of SHIB has followed DOGE, growing by 12.63%.
From the technical point of view, SHIB is looking more bullish than DOGE as its price has already broken the resistance of $0.00003020.
Denys SerhiichukIf the situation does not change by the end of the day, there is a chance to see a test of the $0.000034-$0.000036 zone soon.
SHIB is trading at $0.00003107 at press time.
BONK/USD
BONK is the biggest gainer today, going up by 13.56%.
The price of BONK keeps rising after yesterday's bullish closure. At the moment, there are no bearish signals yet, which means traders may witness a further upward move to the next resistance level of $0.00003050 within a few days.
BONK is trading at $0.00002643 at press time.
Arman Shirinyan
Alex Dovbnya
Dan Burgin
Vladislav Sopov