🔥🔥🔥 Daily Market Review: $BTC , $ETH , AKT, $RUNE , KAS
Today's market session remains in a consolidation phase, with the global market cap standing at $2.28 trillion at the time of writing, reflecting a 0.64% decline over the last 24 hours. Concurrently, the trading volume stands at $64.11 billion, marking a 0.57% decrease over the same period.
1. Bitcoin Price Review
Bitcoin (BTC) is consolidating today, possibly oversold as it nears the lower band. The RSI is below 50, indicating bearish momentum. Currently priced at $61,486, it shows a 1.32% decrease over the past 24 hours.
2. Ethereum Price Review
Ethereum (ETH) also experiences a similar session, with its price movements indicating a lack of a strong trend and potential sideways movement as the Alligator lines intertwine. The Awesome Oscillator (AO) is in the red, indicating bearish pressure. Ethereum is currently priced at $2,995, marking a 0.4% drop from its previous 24-hour price.
3. #AkashNetwork Price Review
Akash Network (AKT) emerges as today's top gainer, showcasing bullish reversal signals with recent changes from red to green. The Volume Oscillator indicates a spike in volume, supporting the recent price increase. As of press time, Akash Network is priced at $4.93, reflecting a 9.7% jump from its previous 24-hour price.
4. THORChain Price Review
THORChain (RUNE) also records gains in today's session, with its price above the cloud indicating a bullish phase. The Average Directional Index (ADX) is relatively high, signaling a strong trend. THORChain is currently priced at $6.02, representing a 10.03% increase from its previous 24-hour price.
5. #Kaspa Price Review
Kaspa (KAS) registers gains in today's session, with its price within the upper channel of the pitchfork, suggesting continued bullish potential. The Money Flow Index (MFI) is high, indicating strong buying pressure. As of press time, Kaspa is priced at $0.1244, marking a 10.96% jump from its previous 24-hour price.
Source - blockchainreporter.ne