The bulls are still in control in today’s session, as seen from the increase in the global market cap. The total cap stood at $2.38T as of press time, representing a 2.1% increase over the last 24 hours, while the trading volume also jumped by 30.5% over the same period to stand at $100.88B as of press time.
Bitcoin Price Review
Bitcoin $BTC is among the gainers in today’s session, as seen from its price movements. An in-depth analysis shows that the Bitcoin price is currently trading near the upper Bollinger Band, which suggests a potential overbought condition. There has been a significant upward movement, indicating strong bullish momentum.Â
The middle band, a 20-period moving average, could act as support if the price retraces. On the other hand, the Woodies CCI Indicator shows overbought conditions (above +100). As of press time, Bitcoin traded at $65,374, representing a 3.5% increase over the last 24 hours.
Ethereum Price Review
Ethereum (ETH) also gained in today’s session, as seen from the price movements. An in-depth analysis shows that the alligator lines (jaw, teeth, and lips) are wide apart, indicating a strong upward trend. The Ethereum price is trading above all three Alligator lines, which is a bullish signal.
On the other hand, the RSI Indicator is above 70, suggesting that the asset is overbought. Ethereum traded at $3,488 as of press time, representing a 2.5% increase over the last 24 hours.
Worldcoin Price Review
Worldcoin (WLD) is also among the gainers in today’s session, as seen from the price movements today. An in-depth analysis shows that the Arweave price is trading above the Supertrend line, indicating a buy signal. The recent price movement shows a strong bullish trend.
On the other hand, the RSI Indicator is above 70, indicating overbought conditions. If the RSI begins to decline, a pullback is possible. Worldcoin traded at $2.89 as of press time, representing a 33.72% increase over the last 24 hours.
Arweave Price Review
Arweave (AR) is also among the gainers in today’s session, as seen from the price movements today. An in-depth analysis shows the Arwevae price is above the Ichimoku Cloud, indicating a bullish trend. The Leading Span A is above Leading Span B, further confirming the bullish sentiment. The future cloud is bullish, suggesting the trend might continue.
On the other hand, the Awesome Oscillator (AO) is positive and shows green bars, indicating bullish momentum. Arweave traded at $31.47 as of press time, representing a 14.25% increase over the last 24 hours.
Ripple Price Review
Ripple (XRP) is also among the gainers in today’s session, as seen from the price movements. An in-depth analysis shows that the Ripple price is moving within the pitchfork’s boundaries, indicating a channel-like movement. The recent price is touching the upper boundary of the pitchfork, which could act as resistance.
On the other hand, the Volume Oscillator shows increased buying volume, supporting the upward movement. Ripple traded at $0.6104 as of press time, representing a 12.9% increase over the last 24 hours.
