The global market cap change shows that bears are still in control of today’s session. As of press time, the total cap stood at $2.43T, representing a 0.37% decrease from the previous 24 hours. Looking at an in-depth analysis, we see that the trading volume has dropped by 28% over the same period to stand at $47.3B.
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 near the upper Bollinger band, suggesting potential resistance or overbought conditions in the short term.
On the other hand, the RSI (Relative Strength Index) is close to 70, indicating that Bitcoin is approaching overbought territory, which could signal a possible pullback or consolidation. As of press time, the Bitcoin price stood at $68,336, a 2,37% increase from its previous 24-hour price.
4-hour BTC/USD Chart | Source: TradingView Pendle Price Review
Pendle (PENDLE) is also among the top gainers in today’s session, as seen from its price movements. In-depth analysis shows that Pendle price charts show the price moving above the Alligator’s jaws (red, green, and blue lines), indicating a bullish phase.
On the other hand, the Awesome Oscillator (AO) is green and rising, which supports the bullish momentum indicated by the price action above the Alligator lines. As of press time, the Pendle price stood at $5.73, an 18.2% increase from its previous 24-hour price.
4-hour PENDLE/USDT Chart | Source: TradingView PulseChain Price Review
PulseChain (PLS) is also facing corrections in today’s session, as seen from its price movements. However, an in-depth analysis shows that the PulseChain price is under the SuperTrend line, indicating a bearish trend.
On the other hand, the MACD (Moving Average Convergence Divergence) line (blue) is below the signal line (orange), and both are trending downward, which confirms bearish momentum. As of press time, the PulseChain price stood at $0.00005352, a 2% decrease from its previous 24-hour price.
4-hour PLS/WETH Chart | Source: TradingView Polymath Price Review
Polymath (POLY) is also facing correction after earlier pumps, as seen from its price movements. An in-depth analysis shows that the Polymath price is above the Ichimoku Cloud, suggesting a bullish trend. The recent spike shows significant buying pressure.
On the other hand, we see that the Volume Oscillator had a sharp peak coinciding with the price spike, which may indicate a possible reversal or high volatility after an intense buying period. As of press time, the Polymath price stood at $0.00005352, a 2% decrease from its previous 24-hour price.
4-hour POLY/USD Chart | Source: TradingView Gamestop Price Review
Gamestop’s (GME) price movements also show that it was among the gainers in today’s session. Looking at an in-depth analysis, we see that the Gamestop price is moving within the lower half of the Pitchfork, indicating that it might be in a consolidation or lower trend phase within a broader bullish context.
On the other hand, the MFI (Money Flow Index) is relatively low at around 18.8, suggesting that the market might not be under much buying pressure at the moment. As of press time, the Gamestop price stood at $0.005467, a 4.3% increase from its previous 24-hour price.
4-hour GME/USD Chart | Source: TradingView