The bulls are still in control of today’s session as seen by the rise in global market capitalization. The total market capitalization stood at $2.34 trillion at press time, up 1.92% over the past 24 hours, while trading volume also jumped 47.17% over the same period to $86.4 billion at press time.
Bitcoin Price Review
Bitcoin $BTC is among the gainers in today’s session as seen from its price action. A deep chart analysis shows that Bitcoin prices are moving towards the upper Bollinger Band, indicating a bullish trend with possible overbought conditions.
On the other hand, the RSI is around 68.11, approaching the overbought level of 70. This suggests that the price may soon pull back. At press time, Bitcoin was trading at $63,085, up 0.16% in the last 24 hours.
Ethereum Price Review
Ethereum (ETH) has also risen in today’s session, as seen in the price action. A closer look shows that the chart is pointing to multiple moving averages (likely 13, 21, 34, 55) showing a bullish alignment, with shorter periods over longer periods.
On the other hand, the RSI is around 69.52, which is very close to the overbought threshold of 70. This signals a potential correction or consolidation in price. Ethereum was trading at $3,396 at press time, representing a 1.09% gain in the last 24 hours.
Review by Pepe Price
Pepe $PEPE is another player showing gains in today’s session as seen from the price action. Looking at the in-depth analysis, the Supertrend indicator shows a recent bullish signal with prices moving above the Supertrend line.
On the downside, the RSI is at 71.42, indicating overbought conditions. This could lead to a short-term price correction. Pepe is trading at $0.00001174 at press time, representing a 20.93% gain in the last 24 hours.
Dogwifhat Price Review
Dogwifhat $WIF is also among those rising in today’s session. Dogwifhat price is currently above the Ichimoku Cloud, which is a bullish signal. The lagging range is also in a favorable position.
On the other hand, the ADX is at 38.22, indicating a strong trend. At the time of publication, Dogwifhat was trading at $2.16, representing a gain of 19.29% in the last 24 hours.
MANTRA Price Review
As the price action shows, Mantra $OM is another growth leader in today’s session. Deep analysis shows that MANTRA price is following an ascending pitchfork, indicating a bullish trend channel.
On the other hand, Woodies CCI is at 109.1177, well above 100, indicating strong bullish momentum. At press time, MANTRA was trading at $1.28, up 19.75% in the last 24 hours.
