– Bitcoin (BTC) is showing signs of strength as it sustains above the 20-week exponential moving average.
– The lack of volatility in Bitcoin has led to low trading volumes in Bitcoin futures.
– Altcoins like SHIB, UNI, MKR, and XDC are showing positive signs in the near term.
– SHIB is facing resistance at $0.000012 but could rally higher if it breaks above that level.
– UNI rebounded off the 50-day SMA and is battling resistance at the 20-day EMA.
– MKR is attempting to flip the breakout level of $1,200 into support and could start a new uptrend if it breaks above $1,370.
– XDC has pulled back to the 20-day EMA and needs to break above $0.073 to resume its uptrend.
– Traders should conduct their own research before making any investment decisions.
