The bulls are now gaining back control in today’s session, as seen from the increase in the global market cap. The total cap stood at $2.21T as of press time, representing a 2.9% increase over the last 24 hours, while the trading volume also dropped by 5.6% over the same period to stand at $89B as of press time.
Bitcoin Price Review
Bitcoin, $BTC, has posted gains in today’s session, as seen from its price movements. Looking at an in-depth analysis, Bitcoin has been trading within the wedge, making higher highs and higher lows. The recent candle shows a rejection at the upper boundary of the wedge, indicating potential exhaustion among buyers.
On the other hand, we see the MACD line is crossing below the signal line, signaling bearish momentum. Bitcoin traded at $63,569 as of press time, representing a 2.25% increase over the last 24 hours.
Ethereum Price Review
Ethereum, $ETH, has posted gains in today’s session, as seen from its price movements. Looking at an in-depth analysis, the price has shown consistent upward momentum, supported by a bullish crossover of the 20 SMA, indicating a strong upward trend.
On the other hand, we see that the Awesome Oscillator is indicated by green bars, which have recently expanded, confirming buying strength. Ethereum traded at $2,570 as of press time, representing a 5.41% increase over the last 24 hours.
Aptos Price Review
Aptos, $APT, has posted gains in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that Aptos has been climbing steadily, and recent candles suggest buyers remain in control, pushing prices higher.
On the other hand, we see that the MFI (Money Flow Index) is currently around 57, indicating that buying pressure is strong but not yet overbought. Aptos traded at $7.12 as of press time, representing a 12.5% increase over the last 24 hours.
Jupiter Price Review
Jupiter, $JUP, is also among the gainers in today’s session as seen from its price movements in today’s session. Looking at an in-depth analysis, we see that The Ichimoku Cloud shows the price above the cloud, confirming a bullish outlook. A recent bullish breakout from the cloud suggests further gains.Jupiter has made a strong upward move, with price action supported by the Tenkan and Kijun lines acting as dynamic support.
On the other hand, we see that the ADX (Average Directional Index suggesting a strong trend in the current direction. Jupiter traded at $0.8772 as of press time, representing a 11.2% increase over the last 24 hours.
Core Price Review
Core, $CORE, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the chart is influenced by the Supertrend indicator, which recently flipped bullish as price moved above the green area, indicating a positive market direction. CoreChain’s price has risen above the key resistance of 1.030, now acting as a support.
On the other hand, we see that the Volume Oscillator shows a decline, suggesting a reduction in buying pressure. Watch for increased volume to confirm further moves. Core traded at $1.08 as of press time, representing a 10.6% increase over the last 24 hours.
Source: https://blockchainreporter.net/daily-market-review-btc-eth-apt-jup-core/