The cryptocurrency market is showing activity with rising prices for Shiba Inu and Avalanche, while BlockDAG prepares for launch on multiple exchanges.
Shiba Inu (SHIB) Outlook
Shiba Inu (SHIB) has reached $0.00001579, increasing by 8% in the last 24 hours. The current chart shows a rounding bottom forming, with analysts believing a break above $0.00001600 could confirm further growth. If the support level at $0.00001562 holds, SHIB may rise to $0.00001764 and possibly reach $0.000024.
Avalanche (AVAX) Price Overview
Avalanche (AVAX) prices are also showing bullish sentiment thanks to a structural breakout on the 4-hour chart. AVAX has passed through key liquidity zones, increasing traders' confidence in further gains. The current demand zone, where this rally began, remains under observation as the $35 level is crucial for maintaining the upward trend.
The Growing Popularity of BlockDAG and Its Listings
BlockDAG confirms 20 exchange listings, with complete information to be released on June 13. Over $255 million has been raised, and 20.5 billion coins have already been sold. The prospects for BlockDAG are becoming increasingly evident, and the special offer price of $0.0020 will be available until June 13.
Amid growing interest in Shiba Inu, Avalanche, and BlockDAG, analysts note that these cryptocurrencies occupy important positions in the current market, and changes in their prices should be monitored closely.
