Bulls still have the upper hedge on the markets as seen from the rising global market cap which has risen by 1.45% in the last 24 hours to stand at an impressive $2.61T as of press time while the global trading volume jumped by 14% to $148 billion.
Bitcoin Price Review
Bitcoin$95,524.00
The ADX holds a value of 21 suggesting a weak bullish trend. Should the AO keep up this trend, a further dip in the short term is likely. However, the northern trajectory suggests strengthening momentum. The Bitcoin price stood at $68.4K as of press time representing a 1.7% pump in the last 24 hours.
Ethereum Price Review
Ethereum$3,348.50
The Relative Strength Index (RSI) is at 60 suggesting some buying pressure on Ethereum. Its northern trajectory means increasing buying pressure hence a likely continuous bull run. The Ethereum price stood at $3938 as of press time representing a 0.48% jump in the last 24 hours.
FLOKI Price Review
FLOKI is today’s top gainer as meme coins continue to dominate the markets. Floki price charts show an uptrend, as the FLOKI price moves above the lines of the Alligator indicator aligned with the green line (lips) above the red (teeth) and blue (jaw) lines which are on a northern trajectory, which indicates a bullish trend.
The Money Flow Index is at 63 suggesting some buying pressure on FLOKI. However, its northern trajectory could mean looming corrections for the meme coin. Amid this impressive surge, the FLOKI price stood at $0.0002692 as of press time representing a 49.7% pump in the last 24 hours.
Worldcoin Price Review
Worldcoin is the second top gainer today as it posts notable results. The Worldcoin price action shows an uptrend with the price within an ascending channel, a bullish pattern. The Worldcoin Protocol price is far above the upper half of the pitchfork, indicating that buyers have massive control.
The RSI is currently in the overbought region suggesting massive buying pressure. The recent series of green candle sticks supports this with the Worldcoin price now standing at $10.84 as of press time representing a 51.5% pump. However, the overbought conditions serve as a bear signal as corrections might follow.
Bitcoin Gold Price Review
Bitcoin Gold (BTG) is today’s third and our last top gainer as it also posted notable gains. The Awesome Oscillator, used in gauging trends, suggests a strong bullish trend as shown by the green histograms which are now increasing in size.
However, despite the AO showing a solid trend, the MACD indicator is reverting toward the zero line as it heads for the red region, suggesting fading bullishness. The Bitcoin Gold price stood at $67.87 as of press time representing a $24.5% pump in the last 24 hours.
