The crypto market is in a new bullish trend, with Bitcoin and some altcoins showing significant growth. Let's take a closer look at Dogecoin, Pepe, and Shiba Inu to understand what to expect from these tokens in the near future.
Dogecoin: Trend Analysis
Dogecoin's price has risen above $0.36, marking a new upward trend. However, bears still have room to maneuver as bulls haven't gained enough strength yet. Overcoming key resistance could change the bearish scenario, otherwise, it may offer a good buying range.
Pepe: Growth Potential
Pepe's price broke out from a symmetrical triangle and surged by 125%, reaching interim highs. Currently, it's in a descending consolidation, but bulls are stabilizing the rally. Once dominance is regained, the token is expected to enter a new upward trend.
Shiba Inu: Dynamics and Volumes
Shiba Inu's price is within a symmetrical triangle, showing both bearish and bullish signals: RSI indicates a rise, but OBV shows a retreat. If the price pulls back, support at $0.00002 may trigger a rebound, but a bullish breakout could push it to $0.00004.
The altcoin market is active, and analysts recommend monitoring Dogecoin, Pepe, and Shiba Inu to react timely to sharp changes and seize opportunities for profitable trades.
