The bulls are in control of today’s session, as seen from the increase in the global market cap. The total cap stood at $3.47T as of press time, representing a 2.88% increase over the last 24 hours, while the trading volume jumped by 20.6% over the same period to stand at $262.32B as of press time.
Bitcoin Price Review
Bitcoin, $BTC, has posted gains in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that the Supertrend has flipped between bullish (green) and bearish (red) zones recently, signaling market indecision. The Bitcoin price is currently within a neutral range, suggesting consolidation.
On the other hand, we see that the Money Flow Index (MFI) is at 41.78, indicating that the market is neither overbought nor oversold. Bitcoin traded at $95,483 as of press time, representing a 0.57% increase over the last 24 hours.
Ethereum Price Review
Ethereum, $ETH, is also a gainer in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that he Bollinger Bands indicate consolidation after a strong uptrend, with the price hovering around the midline.
On the other hand, we see that the RSI is at 48.1, showing neutral momentum with no strong buying or selling pressure. Ethereum traded at $3,616 as of press time, representing a 1.18% increase over the last 24 hours.
IOTA Price Review
IOTA, IOTA, is among today’s top gainers as also seen from its price movements. Looking at an in-depth analysis, we see that the IOTA price shows a strong upward movement, breaking above multiple Alligator indicator lines, which are widely separated, confirming bullish momentum.
On the other hand, we see that the ADX is at 58.04, reflecting a strong trend in play. IOTA traded at $0.4972 as of press time, representing a 53.90% increase over the last 24 hours.
Hedera Hashgraph Price Review
Hedera Hashgraph, $HBAR, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the Supertrend indicator signals a “buy” trend with the current price significantly above the support level of 0.26492.
On the other hand, we see that the Money Flow Index (MFI) is at 79.4, indicating an overbought condition, suggesting potential consolidation or a short-term pullback. Hedera Hashgraph traded at $0.3595 as of press time, representing a 49.25% increase over the last 24 hours.
Ondo Price Review
Ondo, $ONDO, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that there is a strong bullish move is observed with the price breaking above the Ichimoku Cloud, indicating a clear bullish trend.
On the other hand, we see that the Volume Oscillator shows an uptick, confirming strong buying interest and high volume behind the rally. Ondo traded at $1.68 as of press time, representing a 43.96% increase over the last 24 hours.
