The bulls are in control of today’s session, as seen from the increase in the global market cap. The total cap stood at $3.04T as of press time, representing a 0.71% increase over the last 24 hours, while the trading volume dropped by 7.16% over the same period to stand at $178.2B as of press time.
Bitcoin Price Review
Bitcoin, $BTC, has not posted gains in today’s session, as seen from its price movements. Looking at an in-depth analysis, the Alligator’s lips, teeth, and jaws are diverging, suggesting a trend is in play. Price remains above the Alligator’s lines, indicating a bullish sentiment.
On the other hand, we see that the Relative Strength Index (RSI) is near 57, suggesting moderate bullish momentum without being overbought. Bitcoin traded at $90,537 as of press time, representing a 0.81% decrease over the last 24 hours.
4-hour BTC|USD Chart | Source: TradingView
Ethereum Price Review
Ethereum, $ETH, is among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the Ethereum Price is trading above all moving averages, signaling strong bullish momentum. Crossovers of the 50-day above the 100-day SMA support further bullish outlook.
Looking at other indicators, we see that the Money Flow Index (MFI) is around 38, suggesting selling pressure but not yet oversold, room for potential recovery. Ethereum traded at $3,140 as of press time, representing a 1.10% increase over the last 24 hours.
4-hour ETH/USD Chart | Source: TradingView
Mantra Price Review
Mantra, $OM, 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 Mantra price trading well above the cloud, indicating strong bullish momentum. Leading Span A and B diverge, suggesting continued uptrend potential.
On the other hand, we see that the Volume Oscillator showsvolume spikes accompanying price increases signal market conviction in the current trend. Mantra traded at $3.32 as of press time, representing a 38.85% increase over the last 24 hours.
4-hour OM/USD Chart | Source: TradingView
Stellar Price Review
Stellar, $XLM, 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 a bullish signal is active, confirmed by the Supertrend line acting as support.
On the other hand, we see that the ADX at 73 indicates a very strong trend, implying momentum remains intact. Stellar traded at $0.2006 as of press time, representing a 33.19% increase over the last 24 hours.
4-hour XLM/USD Chart | Source: TradingView
Quant Price Review
Quant, $QNT, 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 Quant Price hit the upper Bollinger Band, suggesting overbought conditions. Significant deviation from the 20 SMA indicates strong volatility.
On the other hand, we see that the Awesome Oscillator (AO) is positive and growing AO bars suggest bullish momentum is strengthening. Quant traded at $84.12 as of press time, representing a 28.88% increase over the last 24 hours.
