Bulls are still in control of the markets, as seen from the market cap’s surge over the last 24 hours. The global market cap has jumped by 2.4% in the previous 24 hours to stand at $2.34 as of press time.
Ethereum Price Review
The [ccpw id=60480] chart shows an uptrend in a 2-hour timeframe. The Ethereum price fluctuates around the upper Bollinger Band, indicating high volatility and a strong uptrend. The Ethereum price is above the 20-period simple moving average (SMA), confirming the bullish bias.
Conversely, the Awesome Oscillator (AO) is positive, suggesting bullish momentum. The Ethereum price stood at $3423 as of press time, representing a 0.8% pump in the last 24 hours as it now recovers from earlier corrections.
Portal Price Review
Portal is now facing corrections amid the massive pump in today’s session. The PORTAL token is in a downtrend on a 30-minute chart. The Portal price is below the Supertrend line, signaling a bearish trend.
The MACD line is below the signal line, and the histogram is negative, which supports the bearish outlook. The Portal price stood at $2.19 as of press time, representing a 9.2% dump in the last 24 hours.
Pepe Price Review
Pepe is among today’s top gainers, as seen from its latest trends. PEPE shows a strong uptrend on the 2-hour chart. Looking at the Alligatotor, all lines are aligned correctly for an uptrend, with the green line (lips) above the red (teeth) and blue (jaw) lines.
The Money Flow Index (MFI) is very high, indicating overbought conditions, which could suggest a possible retracement or price correction. The Pepe price stood at $0.000004135 as of press time, representing a 39.8% pump in the last 24 hours.
Ondo Price Review
Ondo (ONDO) is another gainer today, as the ONDO token appears to be in an uptrend within an ascending channel pattern. The Ondo price is currently testing the upper bound of the pitchfork, suggesting potential resistance.
The Relative Strength Index (RSI) is in the bullish territory but not overbought, which supports further upward movement. The Ondo price stood at $0.5079 as of press time, representing a 12% pump in the last 24 hours.
Ripple Price Review
Ripple (XRP) is also facing corrections amid the recent pumps. The Ripple price action shows volatility with green (bullish) and red (bearish) candles. The MACD line (blue) has crossed below the signal line (orange), typically considered a bearish signal. However, the MACD lines are close to the zero line, which could indicate that there isn’t strong momentum in either direction.
The ADX line is at 14.93, below the threshold of 25. This suggests a lack of solid trends in the [ccpw id=60496] movement. The Ripple price stood at $0.5954 as of press time, representing a 2.4% dump in the last 24 hours.Â
