The bulls are in control of today’s session, as seen from the increase in the global market cap. The total cap stood at $3.52T as of press time, representing a 1.45% increase over the last 24 hours, while the trading volume jumped by 10.8% over the same period to stand at $97.26B as of press time
Bitcoin Price Review
Bitcoin, $BTC, posted some gains in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that the Bollinger Bands indicate volatility. Price is currently near the upper band, suggesting a potential overbought condition.
On the other hand, we see that the RSI is at 67.86, close to the overbought zone, indicating bullish momentum but a potential reversal if RSI surpasses 70. Bitcoin traded at $99,354 as of press time, representing a 1.78% increase over the last 24 hours.
4-hour BTC|USD Chart | Source: TradingView Ethereum Price Review
Ethereum, $ETH, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the Moving Averages (50, 100, 200 SMA) show bullish alignment with the shorter MA above the longer ones.
On the other hand, we see that the Volume Oscillator indicates declining volume, suggesting potential consolidation. Ethereum traded at $3,653 as of press time, representing a 1.19% increase over the last 24 hours.
4-hour ETH/USD Chart | Source: TradingView Injective Price Review
Injective, $INJ, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the Alligator indicator shows a bullish trend with the lips, teeth, and jaw aligned upward.
On the other hand, we see that the ADX is at 47.14, indicating a strong trend. Injective traded at $25.94 as of press time, representing a 12.83% increase over the last 24 hours.
4-hour INJ/USDT Chart | Source: TradingView The Sandbox Price Review
The Sandbox, $SAND, is also among the top gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the Ichimoku Cloud shows a bullish breakout above the cloud, signaling upward momentum.
On the other hand, we see that the MACD is bullish, with the histogram expanding in positive territory. The Sandbox traded at $0.7096 as of press time, representing a 12.44% increase over the last 24 hours.
4-hour SAND/USD Chart | Source: TradingView AIOZ Price Review
AIOZ Network, $AIOZ, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that Supertrend indicator is in a buy signal, supporting bullish momentum.
On the other hand, we see that the MFI at 76.07 suggests overbought conditions and a potential correction. AIOZ traded at $1.13 as of press time, representing a 8.01% increase over the last 24 hours.
4-hour AIOZ/USD Chart | Source: TradingView
