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Daily Market Review: BTC, ETH, NOT, CORE, AKT
The post Daily Market Review: BTC, ETH, NOT, CORE, AKT appeared on BitcoinEthereumNews.com. Today’s market session still has bulls on the front foot, as seen from the drop in the global market cap. The total cap stood at $2.31T as of press time, representing a 2.3% jump over the last 24 hours, while the trading volume stood at $58.02B as of the same period, representing a 58% decrease over the same period. Bitcoin Price Review Bitcoin (BTC) is among the gainers in today’s session, as seen from its price movements. An in-depth analysis shows that the Bitcoin price has broken below the lower Bollinger Band, indicating increased volatility and potential for further downside. The bands are widening, suggesting that the volatility may continue. On the other hand, we see that the Awesome Oscillator is below the zero line, with red bars indicating bearish momentum. This supports the bearish trend observed in the price action. As of press time, Bitcoin traded at $57,772, representing a 2.33% increase over the last 24 hours. 4-hour BTC/USD Chart | Source: TradingView Ethereum Price Review Ethereum (ETH) is another gainer in today’s session, as seen from its price movements today. An in-depth analysis shows that the Alligator lines are intertwined, indicating a lack of a clear trend. This usually suggests a consolidation phase or the beginning of a new trend. On the other hand, the Money Flow Index is around the 50 level, suggesting neutral momentum. It is neither overbought nor oversold. As of press time, Ethereum traded at $3,034, representing a 1.9% increase over the last 24 hours. 4-hour ETH/USD Chart | Source: TradingView Notcoin Price Review As seen from its price movements, Notcoin (NOT) is among today’s top gainers. An in-depth analysis shows that the Notcoin price is below the cloud, indicating a bearish trend. The cloud is red, suggesting continued bearish pressure. On the other…
The post Daily Market Review: BTC, ETH, NOT, CORE, AKT appeared on BitcoinEthereumNews.com.
Today’s market session still has bulls on the front foot, as seen from the drop in the global market cap. The total cap stood at $2.31T as of press time, representing a 2.3% jump over the last 24 hours, while the trading volume stood at $58.02B as of the same period, representing a 58% decrease over the same period. Bitcoin Price Review Bitcoin (BTC) is among the gainers in today’s session, as seen from its price movements. An in-depth analysis shows that the Bitcoin price has broken below the lower Bollinger Band, indicating increased volatility and potential for further downside. The bands are widening, suggesting that the volatility may continue. On the other hand, we see that the Awesome Oscillator is below the zero line, with red bars indicating bearish momentum. This supports the bearish trend observed in the price action. As of press time, Bitcoin traded at $57,772, representing a 2.33% increase over the last 24 hours. 4-hour BTC/USD Chart | Source: TradingView Ethereum Price Review Ethereum (ETH) is another gainer in today’s session, as seen from its price movements today. An in-depth analysis shows that the Alligator lines are intertwined, indicating a lack of a clear trend. This usually suggests a consolidation phase or the beginning of a new trend. On the other hand, the Money Flow Index is around the 50 level, suggesting neutral momentum. It is neither overbought nor oversold. As of press time, Ethereum traded at $3,034, representing a 1.9% increase over the last 24 hours. 4-hour ETH/USD Chart | Source: TradingView Notcoin Price Review As seen from its price movements, Notcoin (NOT) is among today’s top gainers. An in-depth analysis shows that the Notcoin price is below the cloud, indicating a bearish trend. The cloud is red, suggesting continued bearish pressure. On the other…
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