Despite the correction of some of the top 10 coins, the cryptocurrency market keeps rising, and most of the assets are in the green zone.

Source: u.today

Top coins by CoinMarketCap

ETH/USD

Etheruem (ETH) is the second-most growing coin from the list, rising by 0.09% over the past 24 hours.

ETH/USD chart by TradingView

Analzying the technical picture, Ethereum (ETH) could set a new peak; however, it could not keep the rise going and made a false breakout. If the current day finishes around the $4,300 mark, the decline may continue to $4,170, which serves the recently formed mirror level.

All in all, there is a high chance to see a bounceback as the selling trading volume is low at the moment.

Ethereum is trading at $4,314 at press time.

DOGE/USD

DOGE is the only loser today, falling by 2.47% since yesterday.

DOGE/USD chart by Trading View

Despite today’s decline, DOGE remains trading in a wide channel with no strong bullish or bearish signals. If, today, the coin cannot fix above the $0.28 mark, then the decline might continue to the area of the most liquidity around $0.245 in order to gain more energy for the growth.

To sum up, bulls keep dominating in the mid-term scenario as the buying trading volume is high.

DOGE is trading at $0.277 at press time.

SHIB/USD

SHIB is the biggest gainer today as the rate of the meme coin has increased by 2%.

SHIB/USD chart by TradingView

After a false breakout of the $0.000088 level, SHIB is trading in a channel with support at $0.00005. The selling volume has reduced slightly, which means that traders are accumulating power for a further sharp move. In this case, sideways trading is the more likely scenario for the upcoming week.

SHIB is trading at $0.00007154 at press time.

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