Bears are in control of today’s session, as seen from the movement of the global market cap. The total cap stood at $3.54T as of press time, representing a 3.39% decrease over the last 24 hours, while the trading volume also dropped by 18.9% over the same period to stand at $146.81B as of press time
Bitcoin Price Review
Bitcoin, $BTC, posted a decrease in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that the Bitcoin price is currently moving near the lower Bollinger Band, indicating a bearish tendency.
On the other hand, we see that the MFI is at 38.72, suggesting weak buying pressure, but not yet oversold. Bitcoin traded at $101,911 as of press time, representing a 3.00% decrease over the last 24 hours.
Ethereum Price Review
Ethereum, $ETH, is also not among the gainers in today’s session as seen from its price movements. Looking at an in-depth analysis, we see that the Alligator indicator lines are converging, signaling low momentum or indecision.
On the other hand, the AO shows red bars, with a negative value (-67.12), suggesting bearish momentum. Ethereum traded at $3,200 as of press time, representing a 3.20% decrease over the last 24 hours.
Monero Price Review
Monero, $XRM, 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 Monero price is near the upper part of the Ichimoku Cloud, attempting to break out.
On the other hand, we see that the Volume Oscillator at -7.52% indicates declining volume, which could weaken the breakout. Monero traded at $217.28 as of press time, representing a 1.39% increase over the last 24 hours.
Mantle Price Review
Mantle, $MNT, is also not among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the Mantle price has crossed above the 50 SMA but remains below the 100 and 200 SMAs.
On the other hand, the ADX indicator is at 21.28 indicates a weak trend. Mantle traded at $1.14 as of press time, representing a 0.43% decrease over the last 24 hours.
Worldcoin Price Review
Worldcoin, $WLD, is also not among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the Worldcoin price is currently above the Supertrend support level ($1.95), suggesting short-term bullish bias.
On the other hand, we see that the MFI is at 71.19, nearing overbought territory. Worldcoin traded at $2.15 as of press time, representing a 0.33% decrease over the last 24 hours.
