Daily Market Review: BTC, ETH, CKB, ENA, AKT

The post Daily Market Review: BTC, ETH, CKB, ENA, AKT appeared on BitcoinEthereumNews.com. As seen from the increasingly global market cap, today’s market session has seen bulls take control of the markets. The global market cap stood at $2.58T as of press time representing a 1.5% increase within the last 24 hours. The trading volume dropped by 32% within the same period to stand at $60.2 as of the time. Bitcoin Price Review Bitcoin (BTC) has posted notable gains today as the crypto king heads towards $70K. The Supertrend indicator shows a recent transition from a bearish to a bullish trend, as indicated by the shift from a red to a green line above the price bars. The Woodies CCI oscillates around the zero line, indicating that momentum is not strongly in either the bullish or bearish direction. On the other hand, there’s a consolidation pattern with the price now breaking upwards, potentially signaling the beginning of an uptrend. As of press time, the *BTC* price stood at $69,347, representing a minor 2.2% pump from its previous 24-hour price. 4-hour BTC/USD Chart | Source: TradingView Ethereum Price Review Ethereum (ETH) has also managed notable gains in today’s session as bulls take control of the altcoin. The Bollinger Bands are being respected with the *ETH* price mostly fluctuating between the middle and upper band, suggesting a stable uptrend. On the other hand, the Money Flow Index (MFI) is below the 50 level, often suggesting that the asset may not be overbought and that there is room for upward price movement. The recent Ethereum price action has been relatively stable, with a slight uptick toward the most recent bars. The Ethereum price stood at $3,391 as of press time, representing a minor 1.5% pump from its previous 24-hour price. 4-hour ETH/USD Chart | Source: TradingView Nervos Network Price Review Nervos Network (CKB) is among the…

Apr 7, 2024 - 20:00
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Daily Market Review: BTC, ETH, CKB, ENA, AKT

The post Daily Market Review: BTC, ETH, CKB, ENA, AKT appeared on BitcoinEthereumNews.com.

As seen from the increasingly global market cap, today’s market session has seen bulls take control of the markets. The global market cap stood at $2.58T as of press time representing a 1.5% increase within the last 24 hours. The trading volume dropped by 32% within the same period to stand at $60.2 as of the time. Bitcoin Price Review Bitcoin (BTC) has posted notable gains today as the crypto king heads towards $70K. The Supertrend indicator shows a recent transition from a bearish to a bullish trend, as indicated by the shift from a red to a green line above the price bars. The Woodies CCI oscillates around the zero line, indicating that momentum is not strongly in either the bullish or bearish direction. On the other hand, there’s a consolidation pattern with the price now breaking upwards, potentially signaling the beginning of an uptrend. As of press time, the *BTC* price stood at $69,347, representing a minor 2.2% pump from its previous 24-hour price. 4-hour BTC/USD Chart | Source: TradingView Ethereum Price Review Ethereum (ETH) has also managed notable gains in today’s session as bulls take control of the altcoin. The Bollinger Bands are being respected with the *ETH* price mostly fluctuating between the middle and upper band, suggesting a stable uptrend. On the other hand, the Money Flow Index (MFI) is below the 50 level, often suggesting that the asset may not be overbought and that there is room for upward price movement. The recent Ethereum price action has been relatively stable, with a slight uptick toward the most recent bars. The Ethereum price stood at $3,391 as of press time, representing a minor 1.5% pump from its previous 24-hour price. 4-hour ETH/USD Chart | Source: TradingView Nervos Network Price Review Nervos Network (CKB) is among the…

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