Today’s market session has been characterized by bullish activity, evident in the price movements. The total market cap reached $2.228T at press time, reflecting a 0.8% increase over the last 24 hours, with a trading volume of $63.2B at press time, marking a 9.03% rise.
Bitcoin Price Review
Bitcoin (BTC) has demonstrated positive movement today. A closer look reveals that the Bitcoin price appears to be consolid with lower highs and higher lows, signaling indecision but typically resolving in favor of the previous trend.
Additionally, the Relative Strength Index stands at around 46, indicating stability the current price without leaning towards overbought or oversold conditions. As of press, Bitcoin was trading at $61,521, denoting a 1.39 increase over the last 24 hours.
Ethereum Price Review
Ethereum () also showed gains during today’s session as observed from its price movements. In-depth analysis a rising wedge pattern – considered bearish – with Ethereum making higher highs and higher lows converging to tightening price action.
The Average Directional Index is approximately 24.36, suggesting trend strength and potentially less aggressive breakouts could be expected. Ethereum traded at $3,444 of press time and had increased by 2.19% over the last24 hours.
Akash Network Price Review
Akash Network (AKT) experienced gains in today’s session on its price movements analysis that suggests an upward shift in momentum breaking above the middle Bollinger Band.
Furthermore, indicators such as Woodies CCI placed it in positive territory pointing towards bullish momentum; Akash Network traded at $3.7 as of press time marking an increase of 17:17% over the past day.
Ethereum Name Service Price Review
The Ethereum Name Service () as one of today’s top gainers following an analysis revealing that ENS had broken above Ichimoku cloud sign potential reversal from bearish to bullish trends.
Moreover ,the recent candlesticks above cloud growing buyer confidence coupled with Awesome Oscillator signaling increasing green bars indicative of rising bullish momentum .At present,Ethereum Name Service stood at27:71 representing an uptick by10:8 %overlast24hours
Conflux Price Review
Conflux(CFXalso recorded gains during today’s session ,evident from its upward movement crossing Alligator jaws implying awakening from sideways market.Moreover,Rsi near67 indicated potential upward movement despite overlreading region.As per current data Conflux was priced$0:1692 reflecting apsiriseof9:25 %inday