In today’s trading session, the market is still being led by bullish investors, evident from the rise in the global market cap. Currently standing at $2.51 trillion, there has been a slight decrease of 2.9% in the last 24 hours. Concurrently, trading volume has also seen a decline of 11%, settling at $83 billion during the same period.
Bitcoin Price Analysis
Bitcoin (BTC) continues to show positive movement, with its price hovering near the lower band, indicating a potential support level. This presents a buying opportunity unless there is a downward breakout. The Volume Oscillator currently stands at -9.55%, pointing towards reduced trading activity and a lack of strong momentum in any particular direction. At present, the Bitcoin price is $67,446, reflecting a marginal 0.29% decrease from its previous 24-hour value.
Ethereum Price Update
On the other hand, Ethereum (ETH) is experiencing consolidation as indicated by its price action. The alligator jaws, teeth, and lips are converging, suggesting a consolidation phase with the price falling below all lines, signaling a bearish trend. Additionally, the Awesome Oscillator histogram is approaching the zero line, indicating weakening momentum. The current Ethereum price is $3,499, showing a slight 0.52% decrease from the previous 24 hours.
Liverpeet Price Movement
Liverpeet (LPT) is one of the top gainers of the day, with its price above the SuperTrend line, indicating a bullish trend. The Woodies Commodity Channel Index (CCI) at 25.13 suggests that the price is neither oversold nor overbought. As of now, Liverpeet is priced at $24.25, marking a significant 16.7% increase from its previous 24-hour value.
Notcoin and Toncoin Price Reviews
Notcoin (NOT) and Toncoin (TON) are both showing positive movement today. Notcoin is displaying a falling wedge pattern, typically bullish and suggesting a possible upward breakout. With the Money Flow Index (MFI) at 67.40, there is relatively high buying pressure but not yet in the overbought territory. Notcoin is currently priced at $0.01799, showing a 9.3% increase from its previous 24-hour value.
Similarly, Toncoin is trending above the cloud with a widening green cloud, indicating increasing bullish momentum. However, caution is advised as the MFI is relatively high at 77.58, nearing overbought levels. The current price of Toncoin is $7.54, reflecting a 6.5% increase from its previous 24-hour value.
