Today’s market session has seen bulls on the front foot, as seen from the increase in the global market cap. The total cap stood at $2.35T as of press time, representing a 0.4% increase over the last 24 hours. On the other hand, we see that the trading volume has dropped by 49% within the same period to stand at $32.44B.
Bitcoin Price Review
Bitcoin (BTC) failed to post gains in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that it is currently trading at 62,199.5, below the lower Bollinger Band, indicating a strong bearish trend.
On the other hand, the Awesome Oscillator (AO) is -1,016.1, showing strong bearish momentum with multiple red bars. As of press time, Bitcoin traded at $62,431, representing a 2.9% decrease over the last 24 hours.Â
Ethereum Price Review
Ethereum (ETH) also faces corrections in today’s session, as seen from its price movements. An in-depth analysis shows that the Ethereum price, currently trading at 3,367.7, is below the lower Bollinger Band, indicating a bearish trend.
On the other hand, the Awesome Oscillator (AO) is at -65.5, showing strong bearish momentum with red bars. Ethereum was trading at $3,377 as of press time, representing a 3.7% decrease over the last 24 hours.
Dogwifhat Price Review
Dogwifhat (WIF) has also failed to post gains in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that Dogwifhat’s price is currently at 1.5338, below the Supertrend indicator, indicating a bearish trend.
On the other hand, the Money Flow Index (MFI) is at 29.79, indicating that the asset is approaching oversold territory. Dogwifhat was trading at $1.56 as of press time, representing a 13.5% decrease over the last 24 hours.
Brett Price Review
Brett (BRETT) is also recording losses in today’s session, as evidenced by its price movements. Looking at an in-depth analysis, we see that Brett is currently trading at 0.13055, below the Ichimoku Cloud, indicating a bearish trend.
On the other hand, looking at other indicators, we see the Woodies CCI: -191.49334, showing strong bearish momentum. Brett was trading at $0.131 as of press time, representing a 12.04% decrease over the last 24 hours.
Toncoin Price Review
Toncoin (TON) is also another gainer in today’s session. An in-depth analysis shows that the Relative Strength Index (RSI) is at 44.44, indicating the asset is in the neutral zone. On the other hand, we see that the Toncoin is in a neutral to slightly bearish trend, trading near the lower end of theÂ
The RSI is neutral, suggesting neither overbought nor oversold conditions, indicating potential for either direction. As of press time, Toncoin was trading at $7.24, representing a 4.9% decrease over the last 24 hours.
