Bears have the upper hand on markets today as seen from the slightly dropped market cap as it trades $1.95T as of press time. This represents a slight drop of 0.14% in the last 24 hours.
Bitcoin Price Review
The Bitcoin price (BTC) chart shows the price in a 3-hour timeframe. The Bollinger Bands are moderately wide, indicating some volatility. The *BTC* is currently near the upper band, suggesting potential resistance and a bearish reversal could occur if the price doesn’t break through.
The moving average (orange line) is trending upwards, indicating a bullish trend in the recent past. The MFI is below 30, indicating that the Bitcoin Price may be oversold, which could potentially lead to a reversal or upward movement if buyers step in. Bitcoin traded at $51.6K as of press time representing a 0.4% drop in the last 24 hours.
Ethereum Price Review
The Ethereum Price chart with the Supertrend indicator shows a bullish signal, as the price is above the Supertrend line. The RSI is above 50 but below 70, which suggests that Ethereum is neither overbought nor oversold and is in a stable trend.
The recent trend above the Supertrend line indicates that the bullish sentiment is currently strong. The Ethereum price stood at $2798 as of press time representing a 0.63% pump in the last 24 hours.
Worldcoin Price Review
For the Worldcoin price (WLD) chart, the Alligator indicator shows a bullish trend with the green, red, and blue lines in alignment and moving upwards, which could indicate an ongoing trend. The Woodies CCI is oscillating around the zero line but has had some spikes above and below, indicating some volatility but no clear directional momentum for the Worldcoin price in the very recent past.
The Worldcoin price stood at $5.21 as of press time representing an impressive 19.4% pump in the last 24 hours as it emerged among the top gainers today.
Sui Price Review
The Sui price (SUI) chart features the ADX and AO. The ADX is above 20, which indicates a presence of a trend, but as it is not above 25, the trend strength is not strong. The AO is oscillating around zero, with the most recent bar being red and below zero, which could suggest bearish momentum is building on the Sui price.
The Sui price stood at $1.75 as of press time representing a minor 0.2% pump in the last 24 hours as it also traded 0.5% above the previous seven-day price.
Injective Price Review
In the Injective price chart, the Auto Pitchfork shows the price is currently near the median line of the pitchfork, which can act as either support or resistance. The MACD shows increasing bullish momentum, as evidenced by the MACD line crossing above the signal line and the histogram showing increasing green bars.
The Injective price stood at $37.7 as of press time representing an impressive 8.4% pump in the last 24 hours as it also made today’s top gainers list.
Source: https://blockchainreporter.net/daily-price-review-btc-eth-wld-sui-inj/