The week in the cryptocurrency market has started in a neutral mode as some coins are in the red zone while others are in the green.
DOGE/USD
The DOGE rate is down by 1.15% in the last 24 hours.
DOGE is trading in a channel between support at $0.1310 and resistance at $0.2204. Trading volume remains low, which means traders have not accumulated enough energy for another sharp move.
In this case, continued sideways trading is the more likely scenario for the coming days.
At press time, DOGE is trading at $0.1713.
shib/usd
The price of SHIB is almost unchanged since yesterday. It has increased by only 0.12%.
SHIB volatility is at its lowest relative to falling trading volume. Currently, neither the bulls nor the bears dominate as the rate is moving too far from its support and resistance areas.
If the bears pressure continues, the price may soon test the area of most liquidity near $0.000028.
As of press time, SHIB is trading at $0.00003392.
floki/usd
FLOKI is the biggest gainer in today’s list with a price change of +4.73%.
FLOKI made a false breakout of the resistance at $0.000115. If the bulls cannot break this level and settle above it, the bears will take control of the market situation. If they hold the pressure, there are chances to see a retest of the support at $0.00009675 soon.
At press time FLOKI is trading at $0.00010786.