Bitcoin

Ethereum

Stacks

Bonk

<p>Today’s market session still has bears on the front foot, as seen from the drop in the global market cap over the last day. The total cap stood at $2.43T as of press time, representing a 4.77% drop 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’s (BTC)</a> price movements show corrections in today’s session. An in-depth analysis shows that the Bitcoin price is under bearish pressure, currently below the 20 and 50 SMAs.The crypto king trades close to the lower boundary, indicating bear pressure.</p><p>On the other hand, the Money Flow Index (MFI) is at 24.07, indicating an oversold condition. If buyers step in, this could suggest a potential reversal or bounce. As of press time, the Bitcoin price stood at $67,361, representing a 0.6% drop from its previous 24-hour price.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeFlYzueRz-ztTYEoSD_EbPGp9_JsS3nEgaFT9HHkvBWfSetZ-iqXp5sXl4aD7CJJHpAVg2l64ErY4mVRpqnDuGnGYW-W-VVEUniWL6cUCOUZuDRgN46xoOY8Jy7ftlzu5MVoQTZ1KSrUW13rdZzUox8yb8?key&#61;Zv39msdVswymUCYu0Wh_ng" /><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> also faces corrections in today’s session, as seen from its price movements. Analysing Ethereum price charts, we see that the Bonk price is currently in a bearish phase as indicated by the Supertrend indicator, which is above the cost and red.</p><p>On the other hand, the Awesome Oscillator shows a small green bar after a series of red bars, suggesting a potential for a weak bullish momentum or a slowdown in the bearish momentum. As of press time, the Bitcoin price stood at $3,520, a 0.5% drop from its previous 24-hour price.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdFg_PFUIXqFozl9iFM_q9HhszWwA5VEl39SV3voqerPJHd5khuZcgHedRh8u8Q4Tq8J9b2I0UtP0ZzgND5fmHyMV0-AdEO4ZQ5i8TTlcXo2NrBxZPRhC3s26y_BJur9BX_G_TppbeU-CK6ooA_mIJmmELY?key&#61;Zv39msdVswymUCYu0Wh_ng" /><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 seen by its price increase during today’s session. Looking at an in-depth analysis, we see that the Ichimoku Cloud shows a bearish trend with the price below the cloud. The cloud acts as resistance in this case.</p><p>On the other hand, the ADX is at 29.18, indicating a strong trend. However, the declining trend strength and price below the Ichimoku Cloud suggest a bearish continuation. As of press time, the Bonk price stood at $0.00002844, an 8.9% pump from its previous 24-hour price.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeZbvoQai5wvY_iMSS2ZuGKl2pcY2nofGLuWMhvaSTG1wcJs8jszRdxYE4s_vlexQwzPMAmna0Sd67spJthfCDCfuQCHOqyXE9_w40feb3B3fkQ-XsDA6DHbySX7Mk57AUp59bXwFQtjv5heqdwC7SsANg?key&#61;Zv39msdVswymUCYu0Wh_ng" /><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">Pepe Price Review</h2><p><a href="https://blockchainreporter.net/price-prediction/pepe-coin-price-prediction/" rel="noopener noreferrer nofollow">Pepe (PEPE)</a> is also among the gainers in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that the Ichimoku Cloud shows a bearish trend with the price below the cloud. The cloud acts as resistance in this case.</p><p>Conversely, the ADX is at 29.18, indicating a strong trend. The declining trend strength and price below the Ichimoku Cloud suggest a bearish continuation. As of press time, the Pepe price stood at $0.00001293, an 8.7% pump from its previous 24-hour price.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeswze2CnGT4FCataUQPt13ZPJpIoJrDP_jwbE8H8JaBnbuIfR0BcJlzS3VtRMtMGPsv-xqvVNzXyVrpscquyIEt6IerFaP-4FjYLY2beWZLxntiNrrSo76axJoN87rYjINVO7zlY8eIcm748KDvuoZM0VZ?key&#61;Zv39msdVswymUCYu0Wh_ng" /><a href="https://www.tradingview.com/symbols/PEPEUSDT/" rel="noopener noreferrer nofollow">4-hour PEPE/USDT Chart | Source: TradingView</a></p><h2 id="header-4">Stacks Price Review</h2><p>Stacks (STX) is another gainer in today’s session, as seen from its price movements. An in-depth analysis shows that the Stacks price is in a bearish trend within the Auto Pitchfork, indicating downward channels. The recent price action is within the lower half of the channel, indicating a bearish bias.</p><p>On the flip side, the Woodies CCI is below the zero line, reinforcing the bearish momentum in the pitchfork analysis. As of press time, the Stacks price stood at $2.16, a 3.16% pump from its previous 24-hour price.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcr8EcZan-AiNle_OLsfIyWVE2ifJuq6Vi64fmzkPNmGuaBtJhwHHxxIb_bh4DOB-rCjOo4-wnI329ZWa4n6NKBhZtmiCB5ogvJ65NT8JrtuDU7_sRtHtxNkdh8biaf0N-0wWn4K7YK3qoZOj3pu_NEhlBm?key&#61;Zv39msdVswymUCYu0Wh_ng" /><a href="https://www.tradingview.com/symbols/STXUSDT/" rel="noopener noreferrer nofollow">4-hour STX/USDT Chart | Source: TradingView</a></p>

Daily Market Review: BTC, ETH, BONK, PEPE, STX

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