Bitcoin

Ethereum

Shiba Inu

Bonk

dogwifhat

<p>Today’s market session has seen bulls on the front foot as seen from the increase in the global market cap. The total cap stood at $2.58T as of press time, representing a 1.3% increase over the last 24 hours while the trading volume stood at $88.9B, a 2% decrease in the previous 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 a gainer today, evidenced by its price movements. Looking at in-depth analysis, we see that the Bitcoin price is slightly below the middle Bollinger band (20-day SMA at $68,775.98), indicating a potential consolidation phase. The bands are converging, suggesting decreasing volatility.</p><p>On the other hand, the Woodies CCI is around -23.12, which indicates that Bitcoin is currently in a neutral to slightly bearish phase. As of press time, the Bitcoin price stood at $68,409, a 0.76% increase in valuation over the last 24 hours.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/f2e416ef182e446baec2ed8e1f313665.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><a href="https://blockchainreporter.net/price-prediction/ethereum-price-prediction/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a>, however, failed to post gains in today’s session, as seen from its price movements. Analysing Ethereum price charts, we see that the price is within an ascending pitchfork pattern, indicating a controlled upward trend. The Ethereum price has recently tested the middle line of the pitchfork and is moving towards the upper boundary.</p><p>On the other hand, the Volume Oscillator is at -8.65%, suggesting a decrease in volume as the price rises, which could indicate a lack of strong buying pressure at higher levels. As of press time, the Ethereum price stood at $3,852 a 0.03% decrease in valuation over the last 24 hours.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/390146b16e6543a7808c0c41a2acea80.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">Dogwifhat Price Review</h2><p>Dogwifhat (WIF) is another gainer in today’s session, as seen from its price movements. Analyzing Dogwifhat price charts, we see that the Dogwifhat price is above the Supertrend indicator (at $3.3870), which has turned green, signaling a bullish trend.</p><p>On the other hand, the Money Flow Index (MFI) is at 81.28, indicating that the asset is currently overbought. This may lead to a potential pullback or consolidation. As of press time, the Dogwifhat price stood at $3.96 a 20.4% increase in valuation over the last 24 hours.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/4288cecb68c64c4f8b3fd15ea52a0e28.png" /><a href="https://www.tradingview.com/symbols/WIFUSDT/" rel="noopener noreferrer nofollow">4-hour WIF/USDT Chart | Source: TradingView</a></p><h2 id="header-3">Shiba Inu Price Review</h2><p>Shiba Inu (SHIB) is another gainer in today’s session, as seen from its price movements. An in-depth analysis shows that the Shiba Inu price has just broken out above the Ichimoku cloud, which is typically bullish. Additionally, a green future cloud suggests bullish sentiment in the near term.</p><p>On the other hand, the Woodies CCI is exceptionally high at 187.36, reinforcing the strong bullish momentum. As of press time, the Shiba Inu price stood at $0.00002835, which is a 14.5% increase in valuation over the last 24 hours.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/320aaa75c60347c7a2ed9c04b1b7713c.png" /><a href="https://www.tradingview.com/symbols/SHIBUSDT/" rel="noopener noreferrer nofollow">4-hour SHIB/USD Chart | Source: TradingView</a></p><h2 id="header-4">Bonk Price Review</h2><p>Bonk (BONK) is another gainer in today’s session, as evidenced by its price movements. An in-depth analysis shows that all three lines (jaw, teeth, lips) of the Alligator indicator are trending upwards, and the price is consistently above these lines, suggesting a sustained bullish trend.</p><p>On the other hand, the Relative Strength Index is at 66.97, near overbought territory but still in a healthy range. As of press time, the Bonk price stood at $0.00004235, an 11.5% increase in valuation over the last 24 hours.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/3e9baa087adc416bbaa859aa058bfedd.png" /><a href="https://www.tradingview.com/symbols/BONKUSDT/" rel="noopener noreferrer nofollow">4-hour BONK/USDT Chart | Source: TradingView</a></p>

Daily Market Review: BTC, ETH, WIF, SHIB, BONK

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