Bitcoin

Ethereum

Flare

Mantle

<p>The global market cap recorded a 1.62% decrease on the last day to $1.95 trillion. The trading volume dropped by 13% to $72 billion as markets now seem to enter a consolidation face with bulls and bears struggling for dominance.</p><h2 id="header-0">Bitcoin Price Review</h2><p>The Bitcoin fluctuates within the upper and lower bands, indicating volatility. The latest candlesticks near the lower band suggest potential support or a short-term bearish sentiment. On the other hand, the Simple Moving Average (SMA) is below the 20 SMA, offering a possible bearish trend in the short term.</p><p>The Relative Strength Index (RSI) is below the 50 mark, which can be seen as a bearish signal. It’s not in the oversold territory, so there might be room for further downside. The Bitcoin price was $51.03K, representing a 1.3% dump within 24 hours.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/5c7fffb74811494c868d9569037a59c1.png" />BTC 2-hour chart | Source: <a href="https://www.tradingview.com/chart/mBPnB4WJ/?symbol&#61;CRYPTO%3ABTCUSD" rel="noopener noreferrer nofollow">TradingView</a></p><h2 id="header-1">Ethereum Price Review</h2><p>Ethereum has also failed to post gains ahead of today’s adverse market conditions. The Alligator Indicator lines are closely intertwined, suggesting a lack of a clear trend and a possible consolidation phase.</p><p>The Money Flow Index (MFI) is above 50 but not overbought, indicating some buying pressure but not excessively. The Ethereum price was $2,929, representing a 2.2% dump within 24 hours.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/3684e1fc719e47f28c6e9217369c4297.png" />ETH 2-hour chart | Source: <a href="https://www.tradingview.com/chart/mBPnB4WJ/?symbol&#61;CRYPTO%3ABTCUSD" rel="noopener noreferrer nofollow">TradingView</a></p><h2 id="header-2">Flare Price Review</h2><p>However, flare (FLR) has defied the odds to emerge as today’s top gainer. The recent green candlestick has broken above the SuperTrend line, suggesting a potential bullish reversal. The MACD line crosses above the signal line, and the histogram turns positive.</p><p>Both stand as bullish signs on the token as it looks to keep pumping in the short term. The Flare price was $0.394, representing a 17.3% pump within 24 hours.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/6c1c10e7a6a04b14a33447c44c6ee820.png" />FLR 2-hour chart | Source: <a href="https://www.tradingview.com/chart/mBPnB4WJ/?symbol&#61;CRYPTO%3ABTCUSD" rel="noopener noreferrer nofollow">TradingView</a></p><h2 id="header-3">WOO Price Review</h2><p>Woo is another gainer today, as the altcoin also posted notable gains. The Money Flow Index (MFI) is relatively high, suggesting overbought conditions, which could precede a pullback on the WOO price.</p><p>On the flip side, the Awesome Oscillator (AO) bars are green and increasing in height, indicating strong bullish momentum. The WOO price was $0.4816, representing a 12.5% pump within 24 hours.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/7692147ae8704dbfa3985c801c51597a.png" />WOO 2-hour chart | Source: <a href="https://www.tradingview.com/chart/mBPnB4WJ/?symbol&#61;CRYPTO%3ABTCUSD" rel="noopener noreferrer nofollow">TradingView</a></p><h2 id="header-4">Mantle Price Review</h2><p>Mantle is our third and last gainer in today’s bear market conditions. The Mantle price oscillates within the bands with recent candles near the upper band, suggesting potential resistance or a bullish sentiment in the short term.</p><p>Looking at the Woodies CCI, we notice it in the neutral zone, which does not provide a clear bullish or bearish signal on the token. The Mantle price was $0.7914, representing a 10% pump within 24 hours.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/78a8e452a47940588cad228a378a67af.png" />MNT 2-hour chart | Source: <a href="https://www.tradingview.com/chart/mBPnB4WJ/?symbol&#61;CRYPTO%3ABTCUSD" rel="noopener noreferrer nofollow">TradingView</a></p>

Daily Market Review: BTC, ETH, FLR, WOO, MNT

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