Most of the coins from the top 10 list keep rising, except for Binance Coin (BNB), whose rate has declined by 0.29% over the last day.

Chart

Top coins by CoinMarketCap

DOGE/USD

The rate of DOGE is almost unchanged since yesterday. The price has risen by only 0.31%.

DOGE

DOGE/USD chart by TradingView

Despite the rise, DOGE looks rather more bearish than bullish as it could not keep rising above the $0.28 mark.

If bulls cannot seize the initiative, the fall may continue to the zone of the most liquidity around $0.2457 where a reversal is possible.

DOGE is trading at $0.2597 at press time.

SHIB/USD

SHIB is looking more bullish than DOGE with a price change of +0.89% since yesterday.

SHIB

SHIB/USD chart by TradingView

SHIB keeps trading near the support of $0.000050. The situation remains bullish until buyers hold the meme coin above this vital level. If bears keep pushing and make a breakout, the decline may continue to the next support area around $0.000035.

SHIB is trading at $0.00005345 at press time.


Any financial and market information given on U.Today is written for informational purposes only. Conduct your own research by contacting financial experts before making any investment decisions.

Recommended content


Recommended Content

Editors’ Picks

Lukas Enzersdorfer-Konrad, Bitpanda deputy CEO: “Crypto needs Gary Gensler gone”

Lukas Enzersdorfer-Konrad, Bitpanda deputy CEO: “Crypto needs Gary Gensler gone”

Lukas Enzersdorfer-Konrad is the deputy CEO at Bitpanda, a broker based in Europe with more than five million users. At the European Blockchain Convention held in Barcelona, the executive shared with FXStreet his views on the current state of the crypto industry and its regulation.

More Cryptocurrencies News
Bitcoin still consolidates despite positive spot ETFs demand

Bitcoin still consolidates despite positive spot ETFs demand

Bitcoin (BTC) trades slightly up, around $64,000 on Thursday, following a rejection from the upper consolidation level of $64,700 the previous day. BTC’s price has been consolidating between $62,000 and $64,700 for the past week.

More Bitcoin News
Why is ONDO’s price outlook bullish?

Why is ONDO’s price outlook bullish?

DefiLlama data shows that Ondo TVL reached a new ATH of $613.75 million. Ondo’s Supply Distribution metric shows whale accumulation. On-chain data shows that ONDO’s daily trading volume is rising, and the supply of exchanges is decreasing.

More Cryptocurrencies News
Maker price eyes a rally on technicals and on-chain metrics

Maker price eyes a rally on technicals and on-chain metrics

Maker trades above $1,500 on Thursday, suggesting a potential rally as technical indicators show bullish divergence. This positive outlook is reinforced by MKR’s Exchange Flow Balance, which shows a negative spike, indicating growing investor confidence in the platform.

More Cryptocurrencies News
Bitcoin: Fed-led rally could have legs towards $65,000

Bitcoin: Fed-led rally could have legs towards $65,000

Bitcoin is poised for a second consecutive week of gains, supported by the recent 50-basis-point cut in interest rates by the Federal Reserve. Bitcoin broke above several key technical resistances this week, signaling a rally continuation.

Read full analysis
Five best Forex brokers in 2024

Five best Forex brokers in 2024

VERIFIED Choosing the best Forex broker in 2024 requires careful consideration of certain essential factors. With the wide array of options available, it is crucial to find a broker that aligns with your trading style, experience level, and financial goals. 

Read More

BTC

ETH

XRP