The cryptocurrency market is seeing more gains, with the top 10 coins in the green zone.
BTC/USD
Bitcoin (BTC) is up 3.54% in the last 24 hours.
Bitcoin (BTC) has extended its gains after bouncing back from the crucial $20,000 mark. At the moment, the main cryptocurrency is on its way to $22,000.
If buying volume picks up, there is a possibility of a test of the local resistance level at $23,288 in the near term at least.
Bitcoin is trading at $21,486 at press time.
DOGE/USD
DOGE has outperformed Bitcoin (BTC), which is up 13%.
On the daily chart, DOGE has reached an important resistance level. At present, the daily shutdown needs close attention. If buyers can sustain the momentum and keep the price near $0.07, there are high chances of seeing a breakout soon.
At press time, DOGE is trading at $0.06745.
shib/usd
SHIB is the biggest gainer from the list today, an increase of over 20% from yesterday.
SHIB has already broken the $0.00000907 resistance level. The breakout has been supported by higher volumes, which means that it can expect further upside. However, it could be possible if the bulls can sustain the $0.0000010 level by the end of the day.
As of press time, SHIB is trading at $0.0001069.
