In today’s trading session, the bulls are dominating the market as reflected in the movements of the global market cap. The total market cap currently stands at $2.56 trillion, showing a 0.5% increase in the last 24 hours. The trading volume has decreased by 41% to $84.05 billion.
Bitcoin Price Analysis
Bitcoin (BTC) is experiencing gains today, evident in its price movements. A detailed examination reveals that the Bollinger Bands indicate moderate volatility, with the price hovering between the middle and upper bands, signaling bullish sentiment. The Woodies Commodity Channel Index (CCI) is oscillating around the zero line, suggesting bullish conditions. As of now, the price of Bitcoin is $68,842, up by 2.7% in the last 24 hours.
Ethereum Price Analysis
Ethereum (ETH) is also on the rise today, with the Awesome Oscillator showing solid green bars, reinforcing the bullish momentum. The Supertrend indicates a bullish trend as the price remains above the Supertrend line. Currently, Ethereum is priced at $3,752, reflecting a 2.4% increase in the last 24 hours.
Core DAO Price Analysis
Core DAO (CORE) is showing gains in today’s trading session, with the Alligator indicator suggesting a continuation of the upward trend as the price remains above the green line. The Volume Oscillator is relatively flat, indicating stable volume. The price of Core DAO is currently at $2.03, up by 23.3% in the last 24 hours.
Uniswap Price Analysis
Uniswap (UNI) is making waves today with its price movements. The Uniswap price is consolidating within the Ichimoku cloud, indicating a period of consolidation. The Money Flow Index (MFI) is at 68.13, hinting at overbought conditions. The current price of Uniswap is $10.8, showing a 19.8% increase in the last 24 hours.
Lido DAO Price Analysis
Lido DAO (LDO) is also experiencing gains today, with the price testing the upper boundary of an ascending channel, signaling a strong bullish trend. Despite the price increase, the Volume Oscillator suggests a decrease in volume, possibly indicating a decline in momentum. The price of Lido DAO is currently at $2.57, up by 15.19% in the last 24 hours.