Today’s market session has bears in control, as seen from the decrease in the global market cap. The total cap stood at $2.54T as of press time, representing a 0.5% drop over the last 24 hours. The trading volume stood at $52.1, representing a 48.9% drop over the same period.
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 Alligator Indicator is above the teeth (red line) and the lips (green line), indicating a bearish phase. However, a crossover above these lines might signal a bullish reversal.
On the other hand, the Awesome Oscillator (AO) shows red bars below the zero line, confirming bearish momentum. The diminishing size of the bars could signal a weakening in this momentum. As of press time, the Bitcoin price stood at $69,417, representing a 0.06% jump from its previous 24-hour price.
Ethereum Price Review
However, Ethereum (ETH) has failed to post gains in today’s session, as seen from its price movements. An in-depth analysis shows that the prices are breaking below the lower band, suggesting high volatility and a possible downward trend continuation.
On the other hand, the Money Flow Index (MFI) is around 52.96, indicating a neutral zone but leaning towards oversold conditions, suggesting potential buying opportunities may arise. As of press time, the Ethereum price stood at $69,417, representing a 0.06% jump from its previous 24-hour price.
MANTRA Price Review
MANTRA (OM) is another gainer in today’s session. After an in-depth analysis, the MANTRA price is above the SuperTrend line, signaling a bullish market condition.
On the other hand, the Volume Oscillator is positive, indicating higher buying volume, which supports the upward price movement. As of press time, the MANTRA price stood at $1.07, representing a 13.5% jump from its previous 24-hour price.
Notcoin Price Review
Notcoin (NOT) is also among the gainers in today’s session, as seen from its price movements. An in-depth analysis shows that the Notcoin price trading within the cloud indicates a lack of trend; a breakout above or below the cloud would suggest a new trend.
On the other hand, the Volume Oscillator is currently negative, indicating lower trading volume and confirming the market’s indecision. As of press time, the Notcoin price stood at $0.01857, representing a 3.7% jump from its previous 24-hour price.
Monero Price Review
Monero (XRM) is another gainer in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that the Monero price is supported by the lower boundary of the Pitchfork, maintaining a strong uptrend.
On the other hand, the Woodies CCI (Commodity Channel Index) is in a neutral range, suggesting that despite the uptrend, the price is not yet overbought and offers room for growth. As of press time, the Monero price stood at $179.64, representing a 4.38% jump from its previous 24-hour price.
