The bulls are in control of today’s session, as evidenced by the growth in global market capitalization. The total limit at the time of publication was $2.29 trillion, representing an increase of 2.14% over the last 24 hours, while trading volume jumped 20% over the same period to $85.73 billion at the time of publication .
Bitcoin Price Review
Bitcoin, $BTC, posted gains in today’s session, as evidenced by its price movements. Looking at the in-depth analysis, we see that the BTC price is trading near the middle of the Bollinger Bands, suggesting a neutral position. The recent move higher indicates a potential bullish reversal as BTC moves away from the lower Bollinger Band.
The Awesome Oscillator indicator shows bullish momentum as the green bars increase. This could indicate a possible continuation of the bullish trend if the price breaks through the midband resistance. At press time, Bitcoin was trading at $68,785, representing an increase of 0.36% over the past 24 hours.
Ethereum Price Review
Ethereum, $ETH, failed to make gains in today’s session, as evidenced by its price movements. Looking at the in-depth analysis, we see that ETH is in a downtrend and the Alligator lines are in a bearish direction (green below red and blue). This indicates a strong bearish trend, although the latest candles show consolidation around support.
The Money Flow Index (MFI) is at 43.75, indicating a neutral position. If it rises above 50, buying pressure could return; otherwise, ETH may remain under bearish control. At press time, Ethereum was trading at $2,436, representing a 0.56% decline over the past 24 hours.
Review of prices for MOG coins
MOG Coin, $MOG, is also a winner in today’s session, as evidenced by its price movements. Looking at the in-depth analysis, we see that MOG is trying to break above the Ichimoku cloud, which could indicate a bullish reversal. A price break above the cloud will confirm a change in trend.
On the other hand, ADX is at 20.86, indicating weak trend strength. This could mean that the current movement lacks strong momentum. At the time of publication, MOG Coin was trading at $0.051916, representing an increase of 14.46% over the past 24 hours.
Dogecoin Price Review
Dogecoin, $DOGE, was also a winner in today’s session, as evidenced by its price movements. Looking at the in-depth analysis, we see that DOGE is showing bullish momentum, trading above the 50-day SMA, and all three moving averages are showing alignment for a bullish crossover.
On the other hand, we see that ADX at 19.09 reflects a weak trend. A rise in ADX will indicate increased momentum. At the time of publication, Dogecoin was trading at $0.1685, representing an increase of 10.9% over the past 24 hours.
Shiba Inu Price Review
The Shiba Inu, $SHIB, is also a winner in today’s session, as evidenced by its price action as well. Upon in-depth analysis, we see that the Supertrend indicator is showing a bullish signal, with SHIB trading above the green line, indicating a potential upward move.
On the other hand, we see that ADX is at 16.74, trend strength is weak, which could mean limited momentum in either direction unless a breakout occurs. At the time of publication, the Shiba Inu was trading at $0.00001763, representing an increase of 5.42% over the past 24 hours.
