The bulls are still in control of the markets, as seen from the increase in the global market. The total cap stood at $2.59T, representing a 5.4% pump over the last 24 hours. The trading volume also stood at $167.17B, representing a 153% increase in the previous 24 hours.
Bitcoin Price Review
Bitcoin (BTC) is now facing retractions after yesterday’s pump, evidenced by its price drop today. Looking at an in-depth analysis, we see that Bitcoin is currently consolidating after a recent upward move that brought it to test the upper Bollinger Band.
The Bitcoin price is trading above both the 20-period SMA and the middle Bollinger Band, indicating a bullish short-term trend. As of press time, the Bitcoin price stood at $69,833, a 1.92% decrease from its previous 24-hour price.
Ethereum Price Review
Ethereum (ETH) is still among the gainers in today’s session, as seen from its price movements. Looking at an in-depth analysis of Ethereum price charts, we see that Ethereum is experiencing a bullish trend against the Euro, as indicated by the SuperTrend indicator being below the price.
On the other hand, the Woodies CCI analysis is near zero, suggesting a lack of momentum and a potential consolidation phase. As of press time, the Ethereum price stood at $3,764, a 2.69% increase from its previous 24-hour price.
Floki Price Review
Floki (FLOKI) is among the top gainers in today’s session, as seen from its price movements. An in-depth analysis shows that Floki Inu shows a bullish trend, as the price is above all three moving averages.
On the other hand, the Awesome Oscillator (AO) is in the green but diminishing, suggesting that the bullish momentum may be slowing down. As of press time, the Floki price stood at $0.0002344, a 10.2% increase from its previous 24-hour price.
Pepe Price Review
Pepe (PEPE) is also another gainer in today’s session, as evidenced by its price movements. Looking at an in-depth analysis, we see that the Pepe price is trading above the Ichimoku Cloud, indicating bullish conditions. The green Kumo (cloud) ahead suggests continued bullish sentiment.
On the other hand, the Average Directional Index has a value of 40.72, which points to a strong trending market, reinforcing the bullish momentum. As of press time, the Pepe price stood at $0.00001372, a 24.99% increase from its previous 24-hour price.
Arweave Price Review
Arweave (AR) is another gainer in today’s session, as evidenced by its price movements. Looking at in-depth analysis, we see that the Arweave price is exhibiting a slight downtrend within the pitchfork, suggesting a consolidation phase within a broader uptrend.
On the flip side, the Money Flow Index (MFI) at 36.77 suggests moderate buying pressure, neither overbought nor oversold, indicating a balance between buying and selling pressures. As of press time, the Pepe price stood at $45.68, a 0.95% increase from its previous 24-hour price.
