In today’s market session, bulls are dominating as indicated by the movements in the global market cap. The total cap currently stands at $2.42T, showing a 0.27% increase over the last 24 hours. However, the trading volume has decreased by 41% to $2.42T at press time.
Bitcoin Price Analysis
Bitcoin (BTC) is showing gains in today’s session, with the Alligator indicator displaying a bearish pattern. The green line (jaw) is above the red (teeth) and blue (lips) lines, intertwined, suggesting a potential downward trend. The Woodies CCI indicates a current value of 23.12, signaling a moderately bullish trend above the zero line. Bitcoin is trading at $66,656, up by 0.5% over the last 24 hours.
Ethereum Price Analysis
Ethereum (ETH) is also performing well today, with its price movement indicating moderate volatility near the middle Bollinger band. A recent move above the middle band could signal a bullish reversal, although resistance at $3,595 may limit further upward movement. Ethereum is trading at $3,564, up by 0.68% over the last 24 hours.
Uniswap Price Analysis
Uniswap (UNI) is another gainer today, with its price surpassing the Supertrend line, turning it from red to green and indicating a bullish signal. The MFI above 75 suggests potential overbought conditions, possibly leading to a pullback. Uniswap is trading at $11.54, up by 6% over the last 24 hours.
Dogwifhat Price Analysis
Dogwifhat (WIF) is also showing gains today, but its price is currently below the Ichimoku Cloud, suggesting a bearish outlook. The Volume Oscillator indicates a value of -7.88%, showing lower than average volume. Dogwifhat is trading at $2.54, up by 5.7% over the last 24 hours.
Notcoin Price Analysis
Notcoin (NOT) is also on the rise today, with its price movements showing a falling wedge pattern, a bullish reversal indication. The RSI near neutral at around 60 supports the possibility of a breakout. Notcoin is trading at $0.02022, up by 5.6% over the last 24 hours.