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 $2.13T as of press time, representing a 5.6% increase over the last 24 hours, while the trading volume dropped by 3.23% over the same period to stand at $93.43B as of press time.
Bitcoin Price Review
Bitcoin, $BTC, is still keeping up its pump in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that the Bitcoin price has recently broken above the Alligator’s lines, indicating a potential bullish reversal after a period of consolidation or downtrend. The Alligator’s lines are starting to diverge, showing the beginning of a trend.
On the other hand, we see that the Volume Oscillator is in the negative zone (-13.79%), suggesting that the recent move might lack strong volume support. Bitcoin traded at $60,917 as of press time, representing a 6.2% increase over the last 24 hours.
Ethereum Price Review
Ethereum, $ETH, is also seeing a pump in today’s session, as seen from its price movements. Looking at an in-depth analysis, the Ethereum price has rebounded from the lower Bollinger Band and is now testing the middle band (20 SMA). The bands are contracting, indicating lower volatility, which could precede a breakout.
On the other hand, we see that the Woodies CCI is above 130, indicating strong bullish momentum. However, it might also suggest that the asset is overbought in the short term, potentially leading to a pullback. Ethereum traded at $2,675 as of press time, representing a 10.3% increase over the last 24 hours.
SUI Price Review
Sui, $SUI, is also among the gainers in today’s session as seen from its price movements. Looking at an in-deoth analysis, we see that the SUI price has sharply moved upwards, crossing the Supertrend indicator and turning it into support.
On the other hand, we see that the RSI is at 79.72, which indicates that the asset is in overbought territory. Sui traded at $0.8442 as of press time, representing a 32% increase over the last 24 hours.
Celestia Price Review
Celesta, $TIA, is also among the gainers in today’s session as seen from its price movements as well. Looking at an in-depth analysis, we see that the Celestia price has broken above the Ichimoku Cloud, which is a bullish signal. The RSI is at 65.45, indicating strong momentum but not yet overbought.
On the other hand, we see that the bullish breakout above the Ichimoku Cloud suggests that TIA might continue its upward trend. The RSI supports this with momentum still in the bullish zone, but traders should monitor for any signs of overbought conditions. Celestia traded at $5.59 as of press time, representing a 21.24% increase over the last 24 hours.
Helium Price review
Helium, $HNT, is also among the gainers in today’s session as seen from its ptice movements. Looking at an in-depth analysis, we see that the Helium price is moving along the upper line of the Pitchfork, indicating a strong uptrend. The AO is green and rising, signaling bullish momentum.
HNT is in a strong uptrend, and the indicators suggest that the trend could continue. Helium traded at $6.00 as of press time, representing a 17% increase over the last 24 hours.
