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Pepe

Today’s <a href="https://blockchainreporter.net/market/" rel="noopener noreferrer nofollow">market</a> session has started on a bull signal with the global market cap achieving an increase of 0.28% as of writing, taking the total market cap to $1.14T. The crypto king is still facing resistance at the $27K level as bulls now look to drive the crypto king back above 28K.Trading at $27.6K as of press time, the crypto king had recorded a 0.34% increase in price valuation within a day of trading. BTC’s <a href="https://blockchainreporter.net/glossary/trading/" rel="noopener noreferrer nofollow">trading</a> volume had dropped by 21% within the same period as the total market cap also recorded a mild increase of 0.3 as of writing.<a href="https://blockchainreporter.net/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin</a>’s volatility levels are high today with the Bollinger bands now moving further from each other. The relative strength index is now moving above its average line giving a bullish signal for the crypto king as the MACD indicator now approaches the positive region indicating the efforts by bulls to consolidate a bull run.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/872a809686054e2a995f95fca14e755c.png" />BTC 1-day chart | Source: <a href="https://www.tradingview.com/symbols/BTCUSD/" rel="noopener noreferrer nofollow">TradingView</a><a href="https://blockchainreporter.net/ethereum-price/" rel="noopener noreferrer nofollow">Ethereum</a> has also started today’s session on a low note as Ethereum bulls and bears struggle to get a grip on the markets. ETH is facing resistance at the $1.9K level as it now trades at $1,844, representing a mild increase of 0.04% as of press time. ETH’s trading volume has also dropped by 295 as the market cap also rose by 0.055 within the same period.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/ed45f47797684391b9addac268c70842.png" />ETH 1-day chart | Source: <a href="https://coinmarketcap.com/currencies/ethereum/" rel="noopener noreferrer nofollow">Coinmarketcap</a><h2 id="header-0">Altcoin analysis</h2><a href="https://blockchainreporter.net/ripple-price/" rel="noopener noreferrer nofollow">Ripple</a> has started today’s session on a bullish signal as the asst recorded an increase of close to 1% within 24 hours. Trading at $0.43, XRP had risen by 0.9% in valuation within a day of trading. Doge and <a href="https://blockchainreporter.net/solana-price/" rel="noopener noreferrer nofollow">Solana</a> have also recorded increases in their valuation, both gaining 0.6% and 0.4% within a day of trading. Tron and LTC are also sitting on gains of over 1% within the same period.Terra Classic is dominating today’s session with gains of over 13% within a day of trading as it recovers from a weekly drop of 10%. LUNC’s trading volume has increased by 46% as activity on the asset’s network increases. LUNC’s market cap also recorded an increase of 13% within the same period.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/ed45f47797684391b9addac268c70842.png" />Terra 1-day chart | Source: <a href="https://coinmarketcap.com/currencies/terra-luna/" rel="noopener noreferrer nofollow">CoinMarketCap</a>Kava is also dominating today’s session, recording a 15% increase within a day of trading as it sits on a weekly gain of 11%. Bitcoin SV is another dominant force in today’s session as it also rose by 13% within the same period.PEPE continues to dominate other meme coins, sitting as the most trending asset on CoinMarketCap as it boasts a day gain of 45. PEPE is now ranked 57 on CoinMarketCap charts.

BTC Continues to Face Resistance as Terra Luna Dominates 

BTC Continues to Face Resistance as Terra Luna Dominates

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