Today’s market session has once again been dominated by bears, as evidenced by the decline in the global market cap. At the time of writing, the total cap stood at $2.56 trillion, showing a slight increase of 0.4%. The trading volume also experienced a 9.5% increase, reaching $77.85 billion.
Bitcoin (BTC) has made some minor gains in today’s session, as indicated by its price movements. A detailed analysis reveals that the Bitcoin price is currently near the upper band, suggesting a possible overbought situation. However, there is no strong indication of a reversal yet.
Meanwhile, the ADX, which measures the strength of a trend, is below 25, indicating a weak trend. This aligns with the sideways movement observed since the peak in late May. The Bitcoin price currently stands at $68,976, representing a 0.15% drop from its previous 24-hour price.
Moving on to Ethereum (ETH), its price movements today did not result in any gains. An in-depth analysis shows that the Alligator lines remain intertwined without a clear direction in the short term, indicating a potential consolidation phase.
Furthermore, the Volume Oscillator reads -6.42%, suggesting a decrease in volume on up days and a lack of buying interest at higher prices. The Ethereum price currently sits at $68,976, experiencing a 0.15% drop from its previous 24-hour price.
Notcoin (NOT) stands out as one of the top gainers in today’s session, with its price increasing. A thorough analysis reveals that it is currently positioned above the super trend line, signaling a bullish phase.
Additionally, the Awesome Oscillator’s green bars indicate increasing momentum, supporting the bullish trend. At present, the Notcoin price is $0.02568, marking a significant 26.43% jump from its previous 24-hour price.
JasmyCoin (JASMY) is also among the gainers in today’s session, as indicated by its price movements. In-depth analysis shows that the JasmyCoin price is above the cloud, with the conversion line positioned above the baseline, indicating a solid bullish trend.
Furthermore, the Money Flow Index (MFI) stands at 63.44, which is high but not yet in the overbought zone, suggesting ongoing buying interest. The JasmyCoin price currently stands at $0.03959, reflecting a 15.6% increase from its previous 24-hour price.
Lastly, ORDI (ORDI) has seen a price increase, making it one of the top gainers in today’s session. A detailed analysis shows that the ORDI price is navigating within the upper half of the pitchfork, indicating bullish control.
Moreover, the Relative Strength Index (RSI) is in the neutral zone, indicating the potential for further price movement in either direction without immediate overbought pressures. The ORDI price currently stands at $47.95, experiencing a 4.45% jump from its previous 24-hour price.