Today’s session has seen bears on the front foot, as evidenced by the decrease in the global market cap. The total cap stood at $2.56T as of press time, representing a 2% drop over the last 24 hours, to $97.6B as of press time, representing a 22.5% increase over the last 24 hours.
Bitcoin Price Review
Its price movements show that Bitcoin (BTC) faces consolidations today. An in-depth analysis shows that the Please enter Coingecko Free Api Key to get this plugin works price chart shows a series of fluctuating price movements within an Ichimoku cloud. Recently, the price has risen sharply, breaking through the upper boundary of the Ichimoku cloud, which typically suggests a bullish trend.Â
The Bitcoin price is currently near $68,293. The Moving Average Convergence Divergence (MACD) indicator is not visible, but the Money Flow Index (MFI) is at 26.03, indicating potential undervaluation. This combination of a break above the Ichimoku cloud and a low MFI might suggest a good buying opportunity. As of press time, the Bitcoin price stood at $68,301, a 2% decrease in valuation over the last 24 hours.
Ethereum Price Review
Ethereum (ETH) is also consolidating today as seen from its price movements. Please enter Coingecko Free Api Key to get this plugin works price shows significant volatility, trading within a Bollinger Bands envelope. Recently, the price experienced a sharp rise, moving from around $3,400 to highs near $4,000 before retreating to approximately $3,817. This indicates a resistance test at the upper Bollinger Band, followed by a pullback.Â
On the other hand, the Woodies CCI shows a reading around -114.86. Typically, the Woodies CCI helps identify cyclical trends, where readings above +100 indicate a robust upward momentum, suggesting a buy, and readings below -100 indicate a solid downward momentum, suggesting a sell. As of press time, the Ethereum price stood at $3,825, a 0.9% decrease in valuation over the last 24 hours.
Floki Price Review
Floki (FLOKI) is among the gainers in today’s session. An in-depth analysis shows that the Floki chart is rising, with the price currently near $0.0029611 after some consolidation. The Alligator indicator, comprising three smoothed moving averages, is splayed open, indicating a solid uptrend.
Recent green bars on the Awesome Oscillator (AO) further confirm this, suggesting bullish momentum. As of press time, the Floki price stood at $0.0002959, a 10.27% increase in valuation over the last 24 hours.
Notcoin Price Review
Notcoin (NOT) is another gainer in today’s session as seen from its price movements. The Notcoin chart presents a recovery from a sharp fall, with the price currently around $0.008892. The Supertrend indicator, below the Notcoin price, signifies a bullish reversal.
However, the ADX is at 49.38, indicating a mighty trend. The high ADX value and the positive Supertrend suggest a solid upward momentum. Investors might look for opportunities to buy, anticipating further gains. As of press time, the Notcoin price stood at $0.008918, an 8.2% increase in valuation over the last 24 hours.
Celestia Price Review
Celestia (TIA) is also another gainer in today’s session, as seen from its price movements. An in-depth analysis shows that Celestia’s chart shows a significant bullish trend. Recently, the price surged from around $9.50 to over $11.60, showing strong upward momentum.
The Auto Pitchfork tool shows the price trading in the upper channel, indicating strong buying interest. Additionally, the Volume Oscillator is positive at 17.88%, suggesting increased trading volume accompanying the price rise, which can be a bullish confirmation. As of press time, the Celestia price stood at $0.008918, a 22.4% increase in valuation over the last 24 hours.