Bitcoin

Ethereum

Render

eCash

Bonk

<p>Today’s market session has seen bulls loose out to bears as evidenced by the drop in the global market cap. The total cap stood at $2.43T as of press time, representing a 0.24% drop over the last 24 hours while the trading volume stood a $47.15B, a 28.5% decrease over the last 24 hours.</p><h2 id="header-0">Bitcoin Price Review</h2><p><a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> is facing consolidations after its recent pump, evidenced by its price movements. Looking at an in-depth analysis, we see that the Bitcoin price is trading near the upper band, indicating a potential overbought condition. The bands are widening, suggesting increased volatility.</p><p>On the other hand, the RSI (Relative Strength Index): RSI is at 65.19, approaching the overbought territory (&gt;70). This indicates that the buying pressure is high but might be nearing an overbought condition. As of press time, the Bitcoin price stood at $67,031, a 0.12% increase from its previous 24-hour price.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfbF_eZ-APMYHSwzKWHY6OSbbYR1ZjKAU9O2KPIJ-GMQ30LUdHUQFxQeUnJPUKE3-YZ-dhJmPaeY0dXFs5xYJ9RKew3j-2SbrID55sDYyia4uhq6ZQuQFzyun_5pj4hXRMqUU_vY7vi8LcytC1fN3GxkuNV?key&#61;M9LzuSzFbgkoKPmzD7ttwQ" /><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><a href="https://blockchainreporter.net/price-prediction/ethereum-price-prediction/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> is now correcting slightly after its recent pump as evidenced by its price movements in today’s session. Looking at an in-depth analysis, we see that the green, red, and blue lines of the Alligator indicator are in a bullish alignment with the green line above the red and blue lines, indicating a continuing uptrend.</p><p>On the other hand, the Woodies CCI is at 15.25, which is in the neutral zone. A value above 100 would indicate an overbought condition, while below -100 would indicate an oversold condition. As of press time, the Ethereum price stood at $3,103, a 0.49% decrease from its previous 24-hour price.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXevgksNvHJsfgqmORBJDKM-FcixGxSMg9RaepjTBS6Fr6NNnKVcCOJ1iY9yjb57JGgcrEFbUdLzv-RomEQQXfWcyjtm8vuHRIu8jYsuR5gcCOJ--3CXzw7o5b2x-xuZVXe3Y2KcMYxG4mX564qPMl8J6pFX?key&#61;M9LzuSzFbgkoKPmzD7ttwQ" /><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">Bonk Price Review</h2><p><a href="https://blockchainreporter.net/price-prediction/bonk-price-prediction/" rel="noopener noreferrer nofollow">Bonk (BONK)</a> is today’s top gainer as evidenced by its price movements in today’s session. Looking at an in-depth analysis we see that the Supertrend indicator is currently showing a buy signal as the price is above the green line of $0.00002450.</p><p>On the other hand, we see that the awesome Oscillator (AO) shows green bars, indicating bullish momentum. As of press time, the Bonk price stood at $0.00002765, a 12.36% increase from its previous 24-hour price.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcb36vQFgl7c9akzqPjNk_2I7lmdu2Jd9nlbbtWEenSMzDZBrjTbjo_EG7Y3yDynKZWHACy5FkwiOrACAjbSm7yK-U4GI8mCI2YWo4_vhp7cIjNIybR5fKfRpi6U30_bNOwgLr2qnqzlhgNMRB4FAHdabvF?key&#61;M9LzuSzFbgkoKPmzD7ttwQ" /><a href="https://www.tradingview.com/symbols/BONKUSDT/" rel="noopener noreferrer nofollow">4-hour BONK/USDT Chart | Source: TradingView</a></p><h2 id="header-3">Render Price Review</h2><p>Render (RNDR) was also another gainer in today’s session, as seen from its price movements. In-depth analysis shows that the Render price is above the cloud, indicating a bullish trend. Leading Span A (10.5156) and Leading Span B (10.2338) provide support levels.</p><p>On the other hand, the MFI (Money Flow Index) is at 67.18, approaching overbought levels (&gt;80). As of press time, the Render price stood at $10.51, a 4.26% increase from its previous 24-hour price.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcqQhIUV_D2QSfAGg8dIHdYce_fVUau1BTjoziPCh-dVPLTAB3Q3pPTGRavCUVruk71gMwE8FuOHiTIo8mE3jANXKKNQsehbQsMBEN4ofRWkxH1UhFnp4LK7cUsynp_hWgahMKwdQ5ulo1JjwswDGrBG6Ry?key&#61;M9LzuSzFbgkoKPmzD7ttwQ" /><a href="https://www.tradingview.com/symbols/RNDRUSDT/" rel="noopener noreferrer nofollow">4-hour RNDR/USD Chart | Source: TradingView</a></p><h2 id="header-4">eCash Price Review</h2><p>eCash (XEC) is also among the gainers in today’s session as evidenced by its price movements. An in-depth analysis shows that the Supertrend indicator shows a buy signal with the price above the green line of $0.00004820.</p><p>On the other hand, the Awesome Oscillator (AO) displays green bars, indicating bullish momentum. As of press time, the eCash price stood at $0.00005172, a 4.3% increase from its previous 24-hour price.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcD-VddfYg6K6G-q8ApXZr4WwuyPFBH0odY6chZRbIreTA00y6YLi8Hr4YVMo6h4UltEyQ27fbTqECe761uZXBIMChDhJBgbftMQPBGL7BwII81WSGYJe4BQjbrufy-z9Lt7zGuA9YBlaxjFn5uzccGmo50?key&#61;M9LzuSzFbgkoKPmzD7ttwQ" /><a href="https://www.tradingview.com/symbols/XECUSDT/" rel="noopener noreferrer nofollow">4-hour XEC/USDT Chart | Source: TradingView</a></p>

Daily Market Review: BTC, ETH, BONK, RNDR, XEC

Table of Contents

BlockchainReporter

Other articles published on May 19, 2024

Attention on Meme Coins; Meme Stocks and Ripple in Weekly CryptosHeadlines

We asked ChatGPT-4o what will be Cardano price at the end of 2024; Here’s what it said

Token Watchlist for This Week; Fantom (FTM), PYTH, Ethena (ENA) And AI Cryptos

Ethereum Investors Flock to This New Crypto

Research Shows AI Helps in Health Care Transformation

Cryptocurrenсies Cheaper That A Big Mac That Can Make Fortune By 2025

Join our free newsletter for daily crypto updates!