Bitcoin dipped around 3.2% over the weekend, though not enough to chip away at Friday’s impressive gains.
The top cryptocurrency is currently changing hands at US$20,650, comfortably above key support levels. Bulls are now eyeing up US$22,000 as the next major resistance point to break through.
Ethereum lost around 5% from Friday’s rally, but is currently being supported above the US$1,560 price point. Traders will be hoping to break above US$1,574 in the next few sessions.
Dogecoin (DOGE) continues to correct following the extended Musk rally that saw the meme coin shoot up some 150% in the past couple of weeks. DOGE dipped another 7.5% this Monday morning, having been significantly overbought in the past fortnight.