Today’s market session has seen bulls on the front foot, as seen from the increase in the global market cap. The total cap stood at $2.34T as of press time, representing a 0.13% increase over the last 24 hours, while the trading volume stood at $56.62B as of the same period, representing a 20% decrease over the last 24 hours.
Bitcoin Price Review
Bitcoin (BTC) ‘s price movements show slight gains today. An in-depth analysis shows that the Bollinger Bands indicate high volatility, with prices touching the lower band.
On the other hand, the Awesome Oscillator confirms bearish sentiment, but the slowing decline hints at potential consolidation or reversal. As of press time, Bitcoin traded at $64,367, representing a 0.14% increase over the last 24 hours.
4-hour BTC/USD Chart | Source: TradingView Ethereum Price Review
Ethereum (ETH) has also posted slight gains in today’s session, as bulls are on the front foot based on today’s price movements. An in-depth analysis shows that Ethereum is in a consolidation phase with no strong directional bias. The Alligator indicator’s lack of separation between the lines supports the consolidation view.
On the other hand, looking at other indicators, we see that the RSI near the midpoint further confirms the current lack of momentum. Ethereum was trading at $3,510 as of press time, representing a 0.44% increase over the last 24 hours.
4-hour ETH/USD Chart | Source: TradingView JasmyCoin Price Review
JasmyCoin (JASMY) is among today’s top gainers, as seen from its price movements. An in-depth analysis shows that the JasmyCoin price is above the Supertrend line, suggesting a potential bullish trend.
On the other hand, the Average Directional Index (ADX) at 23.40 indicates weak trend strength. As of press time, JamsyCoin was trading at $0.03229, representing an 11.5% increase over the last 24 hours.
4-hour JASMY/USDT Chart | Source: TradingView Brett Price Review
Brett (BRETT) is also another gainer in today’s session, as seen from its price movements. An in-depth analysis shows that the Brett price is within the cloud, indicating indecision and possible consolidation.
On the other hand, the Woodies CCI is at 180.98, suggesting the market is in a bullish phase. As of press time, Brett was trading at $0.1492, representing a 7.5% increase over the last 24 hours.
4-hour BRETT/USDT Chart | Source: TradingView Toncoin Price Review
Toncoin (TON) gained in today’s session, as seen from its price movements. An in-depth analysis shows that the Toncoin price is moving within the pitchfork channel, suggesting an uptrend.
On the other hand, looking at other indicators, we see that the MACD shows a bullish crossover with histogram bars increasing, indicating upward momentum. As of press time, Toncoin was trading at $7.63, representing a 6.02% increase over the last 24 hours.
4-hour TON/USDT Chart | Source: TradingView
