- The global cryptocurrency market cap rose 1.88% over the past 24 hours and stood at $1.41 trillion.
- SHIB, BTC, DOGE, and SOL all broke above major resistance levels on their charts over the past few days.
- BTC may rise to as high as $39,200 if bulls continue to drive its price.
The cryptocurrency market started the week off on a positive note as its total market capitalization rose 1.88% over the past 24 hours. According to CoinMarketCap, this placed the market’s valuation at around $1.41 trillion at press time.
Following this rise, Shiba Inu (SHIB), Bitcoin (BTC), Solana (SOL), and Dogecoin (DOGE) may continue climbing in the next week. All of these cryptocurrencies broke above major resistance levels on their respective charts and showed no signs of slowing down.
Shiba Inu (SHIB)
Daily chart for SHIB/USDT (Source: TradingView)
SHIB briefly dropped below the $0.00000847 support level during yesterday’s trading session, but bulls were able to boost the cryptocurrency’s price to close the trading session off at $0.00000867. Should the meme coin close today’s daily candle above this mark, then it may embark on a journey to the next major resist…
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