The bulls are still in 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 2.58% increase over the last 24 hours, while the trading volume dropped by 6.08% over the same period to stand at $47B as of press time.
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 is currently at $60,134, above the middle Bollinger Band and close to the upper band, indicating bullish momentum. The Bitcoin price has broken above the middle band, suggesting a potential upward trend continuation.
On the other hand, the Awesome Oscillator is positive, indicating bullish momentum. The histogram bars are increasing, further confirming the bullish sentiment. As of press time, Bitcoin traded at $60,108, representing a 2.68% increase over the last 24 hours.
Ethereum Price Review
Ethereum $ETH is among the gainers today, as seen from its price movements. An in-depth analysis shows that the Ethereum price is at $3,206.3, above all three lines of the Alligator Indicator, indicating a strong upward trend.
On the other hand, the ADX value is below 25, which usually indicates a weak trend. However, given the price action above the Alligator lines, the trend might be gaining strength. As of press time, Ethereum traded at $60,126, representing a 1.4% increase over the last 24 hours.
Solana Price Review
As the price movements show, Solana $SOL was also another gainer in today’s session. An in-depth analysis shows that the Solana price is at $145.23, above the Supertrend buy line, indicating a bullish trend.
On the other hand, the Volume Oscillator is positive, suggesting that the buying volume is higher than the selling volume, supporting the bullish sentiment. As of press time, Solana traded at $144.96, representing a 3.39% increase over the last 24 hours.
Dogecoin Price Prediction
Dogecoin $DOGE is also a gainer in today’s session, as evidenced by its price movements. An in-depth analysis shows that the Dogecoin price is at $0.11279, which is within the Ichimoku Cloud, suggesting consolidation with a potential for a breakout. The Conversion Line is above the Base Line, indicating bullish momentum.
The Leading Span A is above the Leading Span B, forming a bullish cloud that may support future price increases. On the other hand, the Woodies CCI is positive, reinforcing the bullish bias. As of press time, Dogecoin traded at $0.1128, representing a 2.8% increase over the last 24 hours.
Shiba Inu Price Review
Shiba Inu $SHIB is another gainer in today’s session, as seen from the price movements. An in-depth analysis shows that the Shiba Inu price is at $0.00001730, indicating an upward trend within the Pitchfork channel.
On the other hand, the RSI is at 62.10, which is in bullish territory but not yet overbought. As of press time, Shiba Inu traded at $0.00001731, representing a 1.82% increase over the last 24 hours.
