Today’s market session is still dominated by bulls, as seen from the increase in the global market cap. The total cap stood at $2.51T as of press time, representing a 2.9% drop over the last 24 hours. On the other hand, the trading volume has dropped by 11% to stand at $83B as of the same period.
Bitcoin Price Review
Bitcoin (BTC) is still among the gainers in today’s session, as seen from its price movements. An in-depth analysis shows that the Bitcoin price is near the lower band, suggesting a potential support area. This could indicate an opportunity for buyers unless there’s a breakout downwards.
On the other hand, the Volume Oscillator is currently at –9.55 %, indicating decreased trading volume, which might suggest a lack of strong momentum in either direction. As of press time, the Bitcoin price stood at $67,446, representing a 0.29% drop from its previous 24-hour price.
4-hour BTC/USD Chart | Source: TradingView Ethereum Price Review
However, Ethereum (ETH) is facing consolidations, as evidenced by its price movements. An in-depth analysis shows that the alligator jaws, teeth, and lips are closing, which typically suggests a consolidation phase. The price has crossed below all the lines, signalling a bearish phase.
On the other hand, the Awesome Oscillator (AO) histogram is moving towards the zero line, indicating weakening momentum. As of press time, the Ethereum price stood at $3,499, representing a 0.52% drop from its previous 24-hour price.
4-hour ETH/USD Chart | Source: TradingView Liverpeet Price Review
Liverpeet (LPT) is among the top gainers in today’s session, as seen from its price movements. An in-depth analysis shows that the Liverpeet price is above the SuperTrend line, indicating a bullish trend.
On the other hand, the Woodies Commodity Channel Index (CCI) is around 25.13, suggesting that the price is not oversold or overbought. As of press time, the Liverpeet price stood at $24.25, representing a 16.7% jump from its previous 24-hour price.
4-hour LPT/USDT Chart | Source: TradingView Notcoin Price Review
Notcoin (NOT) is another gainer in today’s session, as evidenced by its price movements. An in-depth analysis shows a falling wedge, generally a bullish pattern indicating a possible breakout upwards.
On the other hand, the Money Flow Index (MFI) is at 67.40, indicating relatively high buying pressure but not yet overbought. As of press time, the Notcoin price stood at $0.01799, representing a 9.3% jump from its previous 24-hour price.
4-hour NOT/USDT Chart | Source: TradingView Toncoin Price Review
Toncoin (TON) is another gainer in today’s session, as seen from its price movements. An in-depth analysis shows that the Toncoin price is trending above the cloud, indicating bullish conditions. The green cloud appears to be widening, suggesting increasing bullish momentum.
On the other hand, the MFI is relatively high at 77.58, approaching overbought territory, which could signal caution for potential buyers. As of press time, the Toncoin price stood at $7.54, representing a 6.5% jump from its previous 24-hour price.
4-hour TON/USDT Chart | Source: TradingView