Crypto Volatility Reaches New Heights as Key Assets Test Critical Levels
Four popular cryptocurrencies, Dogecoin (DOGE), Shiba Inu (SHIB), Near Protocol (NEAR), and Zcash (ZEC), are testing critical technical levels after strong recent moves.
Dogecoin has broken above long-term resistance near $0.095, strengthening its bullish structure, but must hold $0.095-$0.10 to sustain momentum toward $0.115-$0.117.
Shiba Inu is attempting a breakout above its long-term trend barrier, but rejection near $0.00000620-$0.00000630 leaves the move vulnerable unless buyers secure a close above resistance.
Near Protocol remains in a strong uptrend after its rapid move above $4, although an RSI above 75 and resistance near $4.60-$4.70 increase the risk of a short-term correction.