In today’s trading session, the bulls are dominating the market, leading to a rise in the global market cap. Currently, the global market cap sits at $2.54 trillion, showing a 0.3% increase in the past 24 hours, with a trading volume of $81.8 billion, representing a 1.5% increase over the same period.
Bitcoin Price Analysis
Bitcoin (BTC) has also seen a positive movement in today’s session, with its price on the rise. A closer look reveals that the Bitcoin price is hovering near the middle Bollinger band, signaling a period of consolidation. The price trading between the upper and middle bands without significant breakouts indicates a lack of volatility.
Furthermore, the volume oscillator stands at -16.29%, suggesting lower-than-average volume, which may indicate a lack of strong momentum in Bitcoin’s current price movement. At the moment, the Bitcoin price is at $68,309, showing a 0.30% increase in value over the last 24 hours.
Ethereum Price Analysis
On the other hand, Ethereum (ETH) has not seen gains in today’s session, as its price has decreased. A detailed analysis reveals a potential double-top pattern forming, with the neckline currently being tested. A break below this neckline could lead to further downside towards the target level of around $3,200.
Additionally, the Awesome Oscillator indicator is showing red bars, indicating increasing bearish momentum as the bars grow taller. Currently, the Ethereum price stands at $3,741, reflecting a 0.30% decrease in value over the last 24 hours.
JasmyCoin Price Analysis
JasmyCoin (JASMY) has experienced gains in today’s session, with its price on the rise. An in-depth analysis shows that the JasmyCoin price is trading above the cloud, suggesting a bullish trend in the short term, with the cloud acting as support.
Moreover, the Awesome Oscillator is forming, indicating a rise in bullish momentum. The JasmyCoin price is currently at $0.03136, showing a significant 24.19% increase in value over the last 24 hours.
ORDI Price Analysis
ORDI (ORDI) has also seen gains in today’s session, with its price movements indicating a positive trend. A detailed analysis reveals that the price is comfortably above the cloud, signaling a bullish market sentiment, with the green cloud ahead suggesting continued bullish momentum.
Furthermore, the Average Directional Index (ADX) is above 50, indicating a strong trend. Currently, the ORDI price stands at $50, reflecting a 19.3% increase in value over the last 24 hours.
Arweave Price Analysis
Arweave (AR) has also experienced gains in today’s session, with its price on the rise. An in-depth analysis shows the jaws, teeth, and lips opening up and turning upwards, hinting at a potential bullish phase if the price can maintain above these lines.
Additionally, the Woodies CCI indicates upward momentum, with the line above the zero mark signaling bullish conditions in the near term. The Arweave price currently stands at $43.11, showing an 11.7% increase in value over the last 24 hours.