The weekend has started with the continued recovery of the crypto market as the major coins remain in the green zone.
BTC/USD
The weekend got off to a positive start for Bitcoin (BTC) as the main cryptocurrency rallied 1.60%.
Currently, Bitcoin (BTC) is trading between support at $39,573 and resistance at $45,478. The ongoing sideways trading is also confirmed by low volume, meaning that neither the bulls nor the bears are dominant.
In this case, if the rate starts to move back to the support level, there is a high probability that it will break out and plummet to $38,000.
Bitcoin is trading at $42,704 at press time.
DOGE / USD
DOGE is the only coin down on the list today, down 1.88% since yesterday.
DOGE is approaching the resistance at $0.2204 on increased buying volume. If the daily candle fixes above this zone, the rise to the most liquid zone around $0.25 is likely to continue.
Such a scenario is more likely to happen in the medium term than day trading. Overall, one needs to keep an eye on the situation around the crucial $0.20 mark.
DOGE is trading at $0.1871 at press time.
SHIB / USD
Unlike DOGE, the SHIB rate has increased by 1.30% in the last 24 hours.
The SHIB failed to sustain its upward momentum after it bounced back to the most liquid area at $0.00002768. If the bulls fail to hold the initiative and the rate breaks below the psychological $0.000030 mark, the price could once again test the support at $0.00002537 within the next few days.
SHIB is trading at $0.00003079 at press time.
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