The current market session has witnessed a surge in bullish activity, leading to an increase in the global market cap. At the time of writing, the total cap stands at $2.34 trillion, marking a 0.13% rise in the last 24 hours. However, the trading volume has decreased by 20% over the same period, standing at $56.62 billion.
Bitcoin (BTC) has experienced slight gains in its price movements today. A detailed analysis reveals high volatility indicated by the Bollinger Bands, with prices touching the lower band. Despite the bearish sentiment confirmed by the Awesome Oscillator, the slowing decline hints at potential consolidation or reversal. As of now, Bitcoin is trading at $64,367, representing a 0.14% increase over the last 24 hours.
Ethereum (ETH) has also seen minor gains in today’s session, with bullish movements dominating the market. An in-depth analysis suggests that Ethereum is in a consolidation phase with no strong directional bias, supported by the lack of separation between the lines on the Alligator indicator. The RSI near the midpoint further confirms the current lack of momentum. Ethereum is currently trading at $3,510, marking a 0.44% increase over the last 24 hours.
JasmyCoin (JASMY) has emerged as one of today’s top gainers, with its price movements indicating a potential bullish trend. The price is above the Supertrend line, suggesting a positive trajectory, although the Average Directional Index (ADX) at 23.40 indicates weak trend strength. At present, JasmyCoin is trading at $0.03229, reflecting an 11.5% increase over the last 24 hours.
Brett (BRETT) has also shown gains in today’s session, with the price within the cloud, signaling indecision and possible consolidation. The Woodies CCI at 180.98 suggests a bullish phase in the market. As of now, Brett is trading at $0.1492, representing a 7.5% increase over the last 24 hours.
Toncoin (TON) has experienced an uptrend in today’s session, with the price moving within the pitchfork channel. The MACD indicates a bullish crossover with increasing histogram bars, pointing towards upward momentum. At the time of writing, Toncoin is trading at $7.63, marking a 6.02% increase over the last 24 hours.