Bulls have regained control of the markets, leading to a rise in the global market cap. The total cap has reached $2.5 trillion at the current moment, showing a 2.79% increase from the previous 24 hours. The trading volume stands at $82.89 billion as of now, marking a 12% decrease over the last day.
Bitcoin Price Update
Bitcoin (BTC) is one of the top performers today, with its price on the rise. However, a closer look at the Bitcoin chart reveals a bearish trend, with the price trading below the Ichimoku Cloud.
Meanwhile, the Relative Strength Index (RSI) is around 50, indicating a neutral momentum without being overbought or oversold. The current Bitcoin price is $69,181, reflecting a 2.7% increase from the previous 24-hour price.
Ethereum Price Update
Ethereum (ETH) is also showing gains today amidst the overall market recovery. Nevertheless, a detailed analysis suggests that the Ethereum price has dipped below the 20 SMA moving average line, signaling a bearish outlook.
On the other hand, RSI levels are low, hovering around 27, indicating oversold conditions. The current Ethereum price is $3,579, showing a 2.68% increase from the previous 24 hours.
Dogecoin Price Update
Dogecoin (DOGE) has seen positive price movements in today’s trading session. A thorough analysis reveals a mixed trend for Dogecoin, with the price fluctuating around the Williams Alligator’s moving averages.
The RSI is close to 50, indicating a neutral market sentiment. Recent price action has been relatively stable, with Dogecoin trading within narrow highs and lows, suggesting consolidation. The current Dogecoin price is $0.1477, marking a 7.6% increase from the previous 24-hour price.
Filecoin Price Update
Filecoin (FIL) is another cryptocurrency showing gains today. However, a detailed analysis indicates that the Filecoin price is in a downtrend, trading below the Supertrend indicator.
The Relative Strength Indicator (RSI) is near 50, signaling neutral conditions. The current Filecoin price is $5.6, showing a 3.44% increase from the previous 24-hour price.
Internet Computer Price Update
Internet Computer (ICP) is also experiencing gains in today’s trading session. Despite this, a closer look reveals a bearish price trend, with the pitchfork tool indicating downward pressure.
The RSI is slightly below 50, suggesting a mild bearish momentum. The current Internet Computer price is $10.58, reflecting a 4.6% increase from the previous 24-hour price.
