Bulls have awoken as the global market cap now approaches the $2 trillion mark. The total cap stood at $1.98 as of press time representing a 2.4% increase from its previous 24 hour one while the global trading volume also jumped by by 7.3% to $68.7B as of press time.
Bitcoin Price Review
Looking at 3-hour BTC/USD charts, we notice the Bollinger Bands are moderately wide, suggesting a decent level of volatility. The Bitcoin price action is hovering around the upper band, indicating bullish momentum.
The MACD line is above the signal line and close to zero, suggesting a potential for an upward Bitcoinprice movement. However, the histogram bars are relatively small, which may indicate that the momentum is not strongly bullish. The stood at $52.4K as of press time representing a 1.5% pump in the last 24 hours.
Ethereum Price Review
On the other hand, looking at Ethereum (ETH) charts, we see the Supertrend indicator is green and below the , which signals a bullish trend. The MFI is high, around 91.62, which suggests that Ethereum may be overbought.
When the MFI is above 80, it indicates that the buying pressure is very high, potentially leading to a future Ethereum price pullback. The Ethereum price stood at $2924 as of press time representing a 4.2% pump in the last 24 hours.
Worldcoin Price Review
Worldcoin (WLD) has emerged as today’s top gainer as seen from its charts. The Alligator indicator, with its lines in the correct bullish alignment (green above red above blue), indicates an ongoing uptrend.
The RSI is also in the overbought territory with a value of 83.71, which, similar to the Ethereum chart, suggests that there may be a retracement or consolidation in the near future due to high buying pressure. The Worldcoin price stood at $7.34 as of press time representing a 42% pump in the last 24 hours.
The Graph Price Review
Looking at 3-hour GRT charts, we notice, the Auto Pitchfork shows The Graph price is currently trading within the upper half of the pitchfork, indicating that the trend is upwards and the buyers are in control. The ADX is at 51.66, which is quite high, signifying a very strong trend. The positive slope of the ADX also supports the strength of the uptrend.
The The Graph price stood at $0.2695 as of press time representing a 26% pump in the last 24 hours as it emerged as today’s second top gainer.
Beam Price Review
Analalysing 3-hour BEAM/USDT charts, we see the Woodies CCI shows a bullish trend as the CCI is above zero, suggesting that the Beam price is above the average price over the period. The Awesome Oscillator’s green bars indicate bullish momentum.
Both indicators suggest that the market for this token is currently experiencing upward momentum. The The Beam price stood at $0.03332 as of press time representing a 15% pump in the last 24 hours to become the third top gainer today.
Source: https://blockchainreporter.net/daily-market-review-btc-eth-wld-grt-beam/