Dogecoin (DOGE), Shiba Inu (SHIB): Early Signs Point to Bullish Breakout
- Bitcoin just broke $108K and could lead a broader market rally
- Most altcoins are still flat, gaining only 0% to 2% so far.
- Dogecoin may retest $0.25 if it holds key support near $0.16.
The crypto market is on the rise again. For the past two weeks, Bitcoin has been trying to break through a key resistance level around $105,000. Today, it finally did; climbing past $106,000, crossing $107,000, and even briefly moving above $108,000.
If Bitcoin manages to stay above this range, it could spark a strong rally across the entire crypto market. However, at the moment, altcoins aren’t keeping up. While Bitcoin has gained around 4%, most altcoins have recorded minimal increases between 0% and 2%.
Meanwhile, popular meme coins like Dogecoin, Shiba Inu, and Pepe are still stuck below important resistance levels and haven’t seen much upward momentum yet.
Dogecoin (DOGE) Price Analysis
Dogecoin’s price continues to correct as the broader altcoin market shows little momentum. The DOGE chart has been gradually moving through this pullback phase, and so far, there’s no clear signal that a solid recovery has begun.
Still, for the short term, it appears Do…
The post Dogecoin (DOGE), Shiba Inu (SHIB): Early Signs Point to Bullish Breakout appeared first on Coin Edition.
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Dogecoin (DOGE), Shiba Inu (SHIB): Early Signs Point to Bullish Breakout
- Bitcoin just broke $108K and could lead a broader market rally
- Most altcoins are still flat, gaining only 0% to 2% so far.
- Dogecoin may retest $0.25 if it holds key support near $0.16.
The crypto market is on the rise again. For the past two weeks, Bitcoin has been trying to break through a key resistance level around $105,000. Today, it finally did; climbing past $106,000, crossing $107,000, and even briefly moving above $108,000.
If Bitcoin manages to stay above this range, it could spark a strong rally across the entire crypto market. However, at the moment, altcoins aren’t keeping up. While Bitcoin has gained around 4%, most altcoins have recorded minimal increases between 0% and 2%.
Meanwhile, popular meme coins like Dogecoin, Shiba Inu, and Pepe are still stuck below important resistance levels and haven’t seen much upward momentum yet.
Dogecoin (DOGE) Price Analysis
Dogecoin’s price continues to correct as the broader altcoin market shows little momentum. The DOGE chart has been gradually moving through this pullback phase, and so far, there’s no clear signal that a solid recovery has begun.
Still, for the short term, it appears Do…
The post Dogecoin (DOGE), Shiba Inu (SHIB): Early Signs Point to Bullish Breakout appeared first on Coin Edition.
Read More
Shiba Inu (SHIB) Primed for Breakout as Accumulation and Burn Rate Surge