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    Home ยป Daily Market Review Bitcoin Ethereum NFT Jasminecoin and Ordinary Coin
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    Daily Market Review Bitcoin Ethereum NFT Jasminecoin and Ordinary Coin

    By adminJun. 4, 2024No Comments3 Mins Read
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    Daily Market Review Bitcoin Ethereum NFT Jasminecoin and Ordinary Coin
    Daily Market Review Bitcoin Ethereum NFT Jasminecoin and Ordinary Coin
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    Today’s market session is being dominated by bears, resulting in a decrease in the global market cap. Currently, the total cap stands at $2.56 trillion, showing a modest 0.4% increase. The trading volume has also seen an uptick, reaching $77.85 billion, a 9.5% increase compared to the same period.

    Bitcoin Price Update
    Bitcoin (BTC) has experienced some minor gains in today’s trading session. A detailed analysis reveals that the Bitcoin price is hovering near the upper band, indicating a potential overbought situation. However, there are no clear signs of a reversal yet.

    On the contrary, the ADX is below 25, signaling a weak trend. This aligns with the sideways movement observed since the peak in late May. At the moment, the Bitcoin price is at $68,976, reflecting a slight 0.15% drop from its previous 24-hour price.

    Ethereum Price Update
    Ethereum (ETH) has failed to register any gains in today’s session. Upon closer examination, the Alligator lines are intertwined without a clear direction in the short term, hinting at a possible consolidation phase.

    Moreover, the Volume Oscillator shows a reading of -6.42%, indicating a decrease in volume during positive price movements, suggesting a lack of buying interest at higher prices. The current Ethereum price is $68,976, representing a 0.15% decline from its previous 24-hour price.

    Notcoin Price Update
    Notcoin (NOT) remains one of the top performers today, with its price showing an upward trajectory. A thorough analysis indicates that it is currently positioned above the super trend line, indicating a strong bullish phase.

    Additionally, the Awesome Oscillator’s green bars signal increasing momentum, further supporting the bullish trend. At present, the Notcoin price stands at $0.02568, marking a significant 26.43% increase from its previous 24-hour price.

    JasmyCoin Price Update
    JasmyCoin (JASMY) is also among the top gainers in today’s session, with its price movements reflecting positive momentum. An in-depth analysis reveals that the JasmyCoin price is above the cloud, with the conversion line surpassing the baseline, indicating a solid bullish trend.

    Furthermore, the MFI (63.44) is elevated but has not reached the overbought territory yet, suggesting sustained buying interest. The current JasmyCoin price is $0.03959, showing a notable 15.6% jump from its previous 24-hour price.

    ORDI Price Update
    ORDI (ORDI) is another standout performer in today’s session, with its price on the rise. A closer look shows that the ORDI price is trading within the upper half of the pitchfork, indicating bullish control.

    While the RSI is in the neutral zone, it leaves room for potential price movements in either direction without immediate overbought pressures. Currently, the ORDI price is at $47.95, reflecting a 4.45% increase from its previous 24-hour price.

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