Today’s market session has seen bulls on the front foot as seen from the price movements of various tokens. The global market cap stood at $2.58T as of press time, a 0.41% increase from its previous 24-hour one. The trading volume stood at $2.77B as of press time, a 26.9% decrease over the same period.
Bitcoin Price Review
Bitcoin (BTC) is consolidating again, as evidenced by its price movements during today’s session. An in-depth analysis shows that the Bitcoin price action is currently below the cloud, indicating a potential bearish outlook in the short term.
On the other hand, the MFI (Money Flow Index) is reading around 37.92, suggesting a lack of intense buying pressure, potentially indicating a consolidation or downtrend continuation. As of press time, the Bitcoin price stood at $68,472, a 0.87% decrease in valuation over the last 24 hours.
Ethereum Price Review
However, Ethereum (ETH) has gained from its price movements in today’s session. An in-depth analysis shows that the Bitcoin price recently rebounded from the lower band and is now approaching the upper band, which could act as resistance.
On the other hand, the volume oscillator is at -3.35%, showing a decrease in volume that accompanies the price rise, potentially signaling a weak upward movement. As of press time, the Ethereum price stood at $3,896, a 3.7% increase in valuation over the last 24 hours.
JasmyCoin Price Review
JasmyCoin (JASMY) is among the top gainers in today’s session as seen from its price movements. An in-depth analysis shows that the JasmyCoin price is above the Supertrend line, indicating a bullish trend.
On the other hand, the ADX (Average Directional Index) is at 38.04, which suggests a strong trend, in this case, a robust current uptrend. As of press time, the JasmyCoin price stood at $0.02818, a 25.8% increase in valuation over the last 24 hours.
Pepe Price Review
Pepe (PEPE) is also among the top gainers in today’s session, as its price movements show. Looking at an in-depth analysis, we see that the Alligator lines are well-aligned with the jaw (blue) on top, teeth (red) in the middle, and lips (green) below, which typically signals a potential continuation of the current trend.
On the other hand, the Awesome Oscillator shows positive green bars growing, indicating increasing bullish momentum. As of press time, the Pepe price stood at $0.00001672, a 12.8% increase in valuation over the last 24 hours.
Floki Price Review
Floki (FLOKI) is also among the top gainers in today’s session, as seen from its price movements. An in-depth analysis shows that Floki’s price is trading near the upper boundary of the pitchfork, indicating a solid uptrend.
On the other hand, the Woodies CCI line crosses above the zero line, which often signals the start of an upward price momentum. As of press time, the Floki price stood at $0.0002544, a 12.09% increase in valuation over the last 24 hours.
