Bitcoin

Ethereum

IOTA

Cosmos

Aptos

<p>Markets are riding on bullish activity as seen from the global market cap which has seen a 1.95% increase within the last 24 hours to stand at $2.57 as of press time while the trading volume dropped by 16%  to $125B.</p><h2 id="header-0">Bitcoin Price Review</h2><p>The Bitcoin bulls are still dominant as the crypto king continues to display incredible momentum. The RSI, currently at 61, is headed north showing tremendous bull momentum on the Bitcoin price.</p><p>The ADX value is, however at 20, showing the current trend is rather weak. With the RSI approaching overbought conditions, retractions in the short term are likely. The <a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/" rel="noopener noreferrer nofollow">Bitcoin</a> price stood at $68K as of press time, representing a 1.45% pump in the last 24 hours.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/2f6681d8190a4a68b69b6b3626f0299a.png" /><a href="https://www.tradingview.com/symbols/BTCUSD/" rel="noopener noreferrer nofollow">4-hour BTC/USD Chart | Source: TradingView</a></p><h2 id="header-1">Ethereum Price Review</h2><p>The Ethereum chart shows a strong uptrend indicated by consistently higher highs and higher lows. The Bollinger Bands are widening, suggesting increasing volatility as the Ethereum price moves upwards.</p><p>The Ethereum price is currently trading near the upper Bollinger Band, which could indicate that Ethereum is potentially overbought in the short term. The moving average (orange line) is trending upwards, and the Ethereum price is above it, confirming the bullish trend. The MACD is also in the green zone supporting the bullish prospects. The <a href="https://blockchainreporter.net/price-prediction/ethereum-price-prediction/" rel="noopener noreferrer nofollow">Ethereum</a> price stood at $3972 as of press time, representing a 3.8% pump in the last 24 hours.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/19c8b02933794c84b755661f42e9cfef.png" /><a href="https://www.tradingview.com/symbols/ETHUSD/" rel="noopener noreferrer nofollow">4-hour ETH/USD Chart | Source: TradingView</a></p><h2 id="header-2">Aptos Price Review</h2><p>Aptos (APT) is now facing corrections amid the recent pumps witnessed in the markets. The chart initially showed a strong bullish trend, with Aptos price consistently making higher highs. The Auto Pitchfork tool shows the Aptos price trading in the upper half of the pitchfork, indicating some buying pressure.</p><p>However, the recent downtrend categorized by the latest series of red candle sticks cautions on corrections. This is supported by the Awesome Oscillator whose histograms are decreasing in size as they turn red indicating building bear momentum. The Aptos price stood at $13.11 as of press time, representing a 4% dump in the last 24 hours.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/953531f090b2402ca581d6575900836f.png" /><a href="https://www.tradingview.com/symbols/APTUSD/" rel="noopener noreferrer nofollow">4-hour APT/USD Chart | Source: TradingView</a></p><h2 id="header-3">IOTA Price Review</h2><p>IOTA is also facing corrections amid the recent pumps.  The IOTA chart also shows a recent downtrend, with the IOTA price trading below the red Supertrend line, indicating a bearish phase.</p><p>The Money Flow Indes indicators, also at 55, have diverted to a southern trajectory indicating fading buying pressure amid the corrections. The IOTA price stood at $0.333 as of press time, representing a 3% dump in the last 24 hours.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/6c1ad5c2100d468e817eb3a835f4a9a5.png" /><a href="https://www.tradingview.com/symbols/IOTAUSDT/" rel="noopener noreferrer nofollow">4-hour IOTA/USDT Chart | Source: TradingView</a></p><h2 id="header-4">Cosmos Price Review</h2><p>Cosmos (ATOM) has also fallen prey to corrections amid its recent pumps as shown by the recent series of red candle stick patterns. The Alligator indicator is in a bearish formation, with the green, red, and blue lines (jaw, teeth, and lips) retracting from their northern trajectory and the Cosmos price moving below the green line.The Woodies CCI is below the zero line, showing bearishness in the short term. The Cosmos price stood at $13.36 as of press time, representing a 3.66% drop in the last 24 hours.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/95b6b9612b134b25bafd0d10ce650b9a.png" /><a href="https://www.tradingview.com/symbols/ATOMUSD/" rel="noopener noreferrer nofollow">4-hour ATOM/USDT Chart | Source: TradingView</a></p>

Daily Price Review: BTC, ETH, APT, IOTA, ATOM

Table of Contents

BlockchainReporter

Other articles published on Mar 8, 2024

The Rise of AI in Bull Markets: A New Era of Investment

BNB Finds Support Above $400 As Cardano Climbs; Borroe Finance Aims for Huge Market Share Amid AI...

This Metric Could Threaten the Ethereum (ETH) Price Push to an All-Time High

Wyoming passes law granting DAOs legal status

Hut 8 Mining Corp Entangled in Securities Lawsuit Amidst Operational Challenges

Art Market Liquidity: Strategies and Insights for Investors

Join our free newsletter for daily crypto updates!