Bulls might have seized the initiative on the market as all coins from the top 10 list are in the green zone.
BTC / USD
Yesterday, sellers managed to form a bearish impulse and test the psychological level of $40,000. The January low is set around $39,560.
Buyers reacted with large buying volumes, and the BTC price recovered to the two-hour EMA55 area. Today, this moving average is right at $42,447. If the bulls lose momentum and cannot continue the recovery, then the market has not yet bottomed out.
A break above the $42,447 level can serve as the first signal of a reversal of the market.
Bitcoin កំពុងធ្វើពាណិជ្ជកម្មក្នុងតម្លៃ ៥៥,៤០០ ដុល្លារនៅពេលផ្សព្វផ្សាយ។
DOGE / ដុល្លារ
DOGE is the biggest gainer from the list today, rocketing by 5.35%.
DOGE made a false breakout of the $0.16 zone today. At the moment, neither bulls nor bears are dominating the market. If the daily candle fixes at least above $0.15, buyers will have the chance to gain power and seize the initiative. In the other scenario, a fall below $0.1310 might confirm ongoing bearish pressure.
DOGE កំពុងជួញដូរក្នុងតម្លៃ ០,១២៨៦ ដុល្លារក្នុងពេលសារព័ត៌មាន។
SHIB / ដុល្លារ
SHIB has followed DOGE, rising by 3.92% since yesterday.
Despite today’s rise, the price is trading below the zone of the most liquidity at $0.00002903.
If buyers get back in the game and restore the rise, the fall may continue to the nearest support level at $0.00002010 per SHIB.
SHIB កំពុងជួញដូរនៅ $0.00002719 នៅពេលសារព័ត៌មាន។
Source: https://u.today/btc-doge-and-shib-price-analysis-for-january-11