Bitcoin

Litecoin

Dogecoin

Ethereum

TRON

Cardano

Solana

Doge CEO

Milady Meme Coin

Today’s <a href="https://blockchainreporter.net/market/" rel="noopener noreferrer nofollow">market</a> session has kicked off on a bullish signal with the global market cap recording an increase of 1.42% within a day of <a href="https://blockchainreporter.net/glossary/trading/" rel="noopener noreferrer nofollow">trading</a> to take the total cap to $1.14T. <a href="https://blockchainreporter.net/bitcoin-price/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> the crypto king is now facing new resistance at $28K as the asset reclaimed the $27K level. Trading at $27.3K as of press time, BTC had seen an increase of 2% as it now recovers from a weekly drop of 2.9%. Bitcoin’s trading volume has also gone up by 27% as the total cap increased by 2%.Bitcoin’s volatility now seems to be slowly increasing as the Bollinger bands are now diverging away from each other indicating a volatile market approaching. The relative strength index is now moving high above its average line signaling a bullish trend on Bitcoin’s network. The MACD indicator is also moving high above its average line, signaling a bullish trend consolidating Bitcoin.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/8c1ff8ed3938487ea8cfb53d17e1a447.png" />BTC 1-day chart | Sorce: <a href="https://www.tradingview.com/chart/zhJr3zVm/?symbol&#61;BITSTAMP%3ABTCUSD" rel="noopener noreferrer nofollow">TradingView</a><h2 id="header-0">Altcoin analysis</h2><a href="https://blockchainreporter.net/ethereum-price/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a>, the <a href="https://blockchainreporter.net/altcoins/" rel="noopener noreferrer nofollow">altcoin</a> king, has also started today’s session characterized by bull signals as the asset now sits on a 1.4% gain within a day of trading as of press time as it comes from a weekly drop of close to 2%. ETH’s trading volume has also gone up by 34% displaying the increased activity on the network.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/524ac7d6926447d4b1d1519ae98ff10b.png" />ETH 1-day chart | Source: <a href="https://coinmarketcap.com/currencies/ethereum/" rel="noopener noreferrer nofollow">CoinMarketCap</a>Other altcoins are also doing relatively well with <a href="https://blockchainreporter.net/ripple-price/" rel="noopener noreferrer nofollow">Ripple (XRP)</a>, <a href="https://blockchainreporter.net/solana-price/" rel="noopener noreferrer nofollow">Solana (SOL)</a>, and TRON (TRX) recording mild increases of less than 1%. Dogecoin (DOGE) and Cardano (ADA) both also recorded increases of over 1% as the general altcoin market seems to be consolidating a bullish trend.Litecoin (LTC) is doing relatively well starting today with gains of over 7% as bulls now flock to the Litecoin network. LTC’s trading volume has also gone up by a notable over 100% as te market cap also rose by 7%.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/313c61c70e204524a3862b29c1fc9f14.png" />LTC 1-day chart | Source: <a href="https://coinmarketcap.com/currencies/litecoin/" rel="noopener noreferrer nofollow">CoinMarketCap</a>Meme coins continue to dominate with <a href="https://coinmarketcap.com/currencies/doge-ceo/" rel="noopener noreferrer nofollow">Doge CEO</a> dominating today’s session with gains of over 35% within a day of trading as it sits on a weekly gain of 214%. The meme coin’s trading volume has gone up by an astonishing 5525% within a day of trading as the total market cap also rose by 35%. Doge CEO comes in as the third trending asset on CoinMarketCap seconding Pepe which comes in first with an 8% drop.Milady Meme Coin (LADYS) is also on a bull run of over 50% within the same period as its weekly loss in valuation stood at 795.

Bitcoin (BTC) Re-claims $27K as Meme Coins Continue to Dominate

Bitcoin (BTC) Re-claims $27K as Meme Coins Continue to Dominate

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