Markets are now consolidating after the weekend pump that was stirred by the Tesla Dogecoin news. The global market cap, standing at $2.35T as of press time, has recorded a 0.04% decrease from its previous 24 hour one while the trading volume dropped by 34% as well to stand at $51.16B.
Bitcoin Price Review
Bitcoin (BTC) is having a good session today as seen from its price movements today. Looking at Bitcoin price charts, we see that it appears to be in a recovery phase after a previous downtrend. The price has moved above the middle Bollinger Band, indicating a potential reversal or bullish momentum. The recent candlesticks are above the middle band, which acts as a dynamic support.
On the other hand, looking at other indicators, we see the CCI shows oscillation around the zero line, suggesting a balance between buying and selling pressures. As of press time, the Bitcoin price stood at $64,311, representing a 1.4% jump from its previous 24-hour price.
Ethereum Price Review
Ethereum (ETH) is also having a recovery session today as it now heads for previous highs. Looking at an in-depth analysis of Ethereum price charts, we see that it is trading above all three lines of the Alligator indicator, indicating a bullish trend. The recent crossover of the MACD above its signal line further confirms bullish momentum.
The trend is currently bullish. Holding above the green line (jaw of the Alligator) could sustain the upward movement. A fall below this line could signal a trend reversal or correction. As of press time, the Ethereum price stood at $3,179, representing a 2.7% jump from its previous 24-hour price.
Worldcoin Price Review
Worldcoin (WLD) is the top gainer in today’s session as seen from its price movements. Analysisng worldcoin price charts, we see that it is showing strong bullish momentum as indicated by the green SuperTrend line and the consistent green bars of the Awesome Oscillator above the zero line.
The uptrend is strong, and as long as the Worldcoin price remains above the SuperTrend line and AO stays positive, the bullish outlook remains intact. During writing, the Worldcoin price stood at $6, representing a 15.8% jump from its previous 24-hour price.
AIOZ Network Price Review
AIOZ Network is also among the top gainers in today’s session as also evidenced by its price movements today. Looking at an in-depth analysis, we see the AIOZ Network price is above the Ichimoku Cloud, and the Cloud is green, indicating bullish conditions. The MFI is relatively high but not yet in the overbought zone, suggesting continued buying interest.
With the AIOZ Network price above the Cloud and a bullish Cloud, the trend is positive. Watch for potential pullbacks if MFI moves into the overbought area (above 80), which could signal a short-term top. During writing, the Worldcoin price stood at $0.7892, representing a 14.6% jump from its previous 24-hour price.
Ethena Price Review
Ethena (ENA) is the other top gainer in today’s session as seen from its price movements today. Looking at an in-depth analysis, we see that Ethena is trading in an uptrend channel as shown by the Pitchfork, with a recent sharp increase in the Ethena price and volume, as indicated by the Volume Oscillator.
The significant uptick in volume accompanying the price rise suggests strong buying interest. The trend remains bullish as long as the price stays within the upper levels of the Pitchfork. During writing, the Ethena price stood at $0.8971, representing a 12.1% jump from its previous 24-hour price.
