The recent recent Bitcoin (BTC) trend has probably prepared the field for a six -digit price mark, catalyzing an increased commercial activity in the same sector, where Doge and Shib see an upper activity.
BTC, the main cryptocurrency by market value, has briefly exceeded $ 95,000 shortly before press time, the highest since March 2, according to Coindesk data. This decision comes three days after prices have exceeded the momentum indicator of the clouds of Ichimoku, reporting a bullish change in the market trend.
Supporting constructive perspectives are the daily consecutive long -tail candles (marked by box), suggesting the purchase of the DIP mentality, and the simple mobiles of five and 10 days up (SMA). In addition, the daily MacD histogram prints higher bars above the zero line to suggest strengthening the momentum upwards.
In other words, the path of the slightest resistance is probably on the upper side, referring to a continuous movement at $ 100,000, which is also the most popular option of purchase option on the drunken. The upward prospects are likely to negotiate a negation less than $ 88,800, the old resistance which has become support.
The vision of AI on Shib and Doge
In the middle of this optimistic backdrop for Bitcoin, the Bot Insight on the AI market of Coindesk identified an escape in Shib, the second world’s world, suggesting an increase in risks on the larger cryptography market.
“The increase in Bitcoin above $ 92,000 sparked an increase in the same trading, SHIB out of a falling chain of the year and showing bruise technical indicators,” said the bot. “SHIB has demonstrated exceptional volatility with a price fluctuation of 15.6%, establishing solid support at 0.00001225 after the bottom on April 21.”
The graph shows that Shib has exceeded the trend line, characterizing the downward trend at the beginning of the year and seeks to settle above the Ichimoku Cloud, after the BTC advance. This would confirm the higher trend reversal.
Meanwhile, DOGE, the main global cryptocurrency by market value, could soon follow suit, the Bot I pointing towards the accumulation of investors at around 18 cents.
“The action of recent prices shows a consolidation greater than 0.180 with a drop in volatility, suggesting an accumulation before [bullish] Continue, “said the bot.
DOGE has increased by more than 35% from its survey less than 13 cents on April 7.
