The bears are in control of today’s session, as seen from the decrease in the global market cap. The total cap stood at $3.6T as of press time, representing a 1.8% decrease over the last 24 hours, while the trading volume dropped by 12.37% over the same period to stand at $208B as of press time
Bitcoin Price Review
Bitcoin, $BTC, has failed to post gains in today’s session, as seen from its price movements. Looking at an in-depth analysis, the Bitcoin price is slightly above the Ichimoku Cloud, indicating bullish momentum. The green Ichimoku span (Senkou Span A) projects potential upward momentum, but the cloud narrows, hinting at possible reduced volatility ahead.
On the other hand, we see that the MFI at 58.47 indicates moderate buying pressure but is not yet in overbought territory. Bitcoin traded at $99,098 as of press time, representing a 4.33% decrease 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, we see that the Ethereum price is touching the upper Bollinger Band, indicating strong upward momentum but possible overextension.
On the other hand, we see that the Awesome Oscillator shows a decreasing green histogram, suggesting weakening bullish momentum. Ethereum traded at $3,895 as of press time, representing a 0.76% increase over the last 24 hours.
Dogecoin Price Review
Dogecoin, $DOGE, has also failed to post gains in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the Dogecoin price remains above the 50 and 100 SMAs, indicating a continuation of bullish momentum.
On the other hand, we see that the Volume Oscillator is at -17.28% shows declining volume, which may signal weakening buying interest. Dogecoin traded at $0.4369 as of press time, representing a 1.03% decrease over the last 24 hours.
JasmyCoin Price Review
JasmyCoin, $JASMY, is among the day’s top gainers as seen from its price movements. Looking at an in-depth analysis, we see that the Alligator lines (Jaw, Teeth, Lips) are in a bullish configuration, indicating a clear uptrend.
On the other hand, we see that the ADXis at 60.13 indicates strong trend strength, reinforcing the upward momentum. JasmyCoin traded at $0.05383 as of press time, representing a 12.3% increase over the last 24 hours.
Worldcoin Price Review
Worldcoin, $WLD, is also among the day’s top gainers as seen from its price movements. Looking at an in-depth analysis, we see that the Supertrend indicator is in bullish territory, with the price significantly above the trend support level.
On the other hand, we see that the Woodies CCI is at 135.976, indicating overbought conditions but still in bullish momentum. Worldcoin traded at $3.91 as of press time, representing a 13.74% increase over the last 24 hours.
Source: https://blockchainreporter.net/daily-market-reviewbtc-eth-doge-jasmy-wld/