Bitcoin

Ethereum

Ethereum Classic

Solana

MultiversX

<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 $2.42T as of press time, representing a 0.2% increase over the last 24 hours. On the other hand, the trading volume has also surged by 11% over the same period to stand at $92.1B.</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 corrections in today’s session after its earlier consolidations. An in-depth analysis shows that the chart shows significant volatility with a recent downward trend, as indicated by the drop beneath both the moving averages and the negative momentum in the Awesome Oscillator.</p><p>On the other hand, the Alligator moving averages are starting to converge and slope downwards, suggesting a strengthening bearish trend. The current price is struggling around the $66,763 level, with immediate resistance near the $68,103 level and support at $67,486. As of press time, the Bitcoin price stood at $66,681, representing a 4.13% drop from its previous 24-hour price.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfKntfwwFdc4-T5gAcgoQGkttEhyus5wNBU34s2kpqsh2zYIffhJkw-KuAo3P2Y6-osWZuZCXNzQVWXHPhE-KANmtB98dk99-i9wtqzPIbUHEt57wMxTNDPPO0jyB8oLzjJCZkDKD1s1WCl8XbHRAX6Y9ly?key&#61;KpvYNm3FblMXWApkmfPEYw" /><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 a gainer in today’s session, as seen from its price movements. However, an in-depth analysis shows that Ethereum is also showing a bearish pattern, with a steep decline observed in the most recent candles. The Bollinger Bands are wide, indicating high volatility. The current price is below the 20-period SMA, which acts as dynamic resistance, hinting at continued bearish pressure.</p><p>On the other hand, we see that the woodies CCI is in the negative, also hinting at bearish signals. The Ethereum price stood at $3,459, representing a 4.2% drop over the last 24 hours.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdENKMGnvj0oSGV3Ed0FnDPOa_vl34YSUrxzfzOsoMW-q0Af8udGtEQy5j2c7E3rTnO2tho2VDWdWS0ZY-I6uzHzclNCV7WuH0B9g5hR1s4f1_pNpYGZLkK-2cCB0A4LyovMG2lpCUvNgU2cNKpVjBwJYs?key&#61;KpvYNm3FblMXWApkmfPEYw" /><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">MultiverseX Price Review</h2><p>MultiverseX (EGLD) did not gain in today’s session, as seen from its price movements. The Supertrend indicator has turned red, suggesting a sell signal and the price is consistently below the indicator, reinforcing the bearish outlook.</p><p>On the other hand, the Money Flow Index (MFI) is low at around 15.29, indicating overselling, which might suggest a potential reversal or pullback soon. As of press time, the MultiverseX price stood at $33.13, representing a 6.6% drop from its previous 24-hour price.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfjWpHsxMZ21JIQEJGMlQWiqMk4awdnI_jOWPfEsfFNVr5hRSMAv94yMj0Z-5u_FGLw5QMDwAVzw_VWbMJEfddA0NEA9sbEapU9p-3gQJXSLTAdrQHj7A2dn__9FeJYCRs6IwnOeJjc5-VX2qhrOMy439Pb?key&#61;KpvYNm3FblMXWApkmfPEYw" /><a href="https://www.tradingview.com/symbols/EGLDUSDT/" rel="noopener noreferrer nofollow">4-hour EGLD/USDT Chart | Source: TradingView</a></p><h2 id="header-3">Ethereum Classic Price Review</h2><p>Ethereum Classic (ETC) is also not a gainer in today’s session, as seen from its price movements. An in-depth analysis shows that the Ichimoku Cloud shows the price trading below the cloud, indicating bearish dominance. The cloud itself is expanding, suggesting increased bearish volatility.</p><p>On the other hand, we see that the recent candles are struggling near the lower boundary of the cloud, with a relatively low MFI, suggesting exhaustion in selling. As of press time, the Ethereum Classic price stood at $25.42, representing a 4.3% drop from its previous 24-hour price.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeei1VyM8pRBOOqpVeVwdeEYFRZ-nnvnyizmPf-0GtE7vv2G2UAw4RtvVGlvaI942ghkIi4HZaGxJxg2fgMW00GBIVmOt7cpgo8b1iWUXdbkDnaY2zrhsPPd_ICgjauu7zyaZ2GgM3aLzgEh99XNhXudY60?key&#61;KpvYNm3FblMXWApkmfPEYw" /><a href="https://www.tradingview.com/symbols/ETCUSD/" rel="noopener noreferrer nofollow">4-hour ETC/USDT Chart | Source: TradingView</a></p><h2 id="header-4">Solana Price Review</h2><p>As the price movements show, <a href="https://blockchainreporter.net/price-prediction/solana-price-prediction/" rel="noopener noreferrer nofollow">Solana (SOL)</a> is another gainer in today’s session. However, an in-depth analysis shows that Solana’s price navigates within an auto pitchfork, showing a bearish trend as it remains in the lower half.</p><p>On the other hand, we see that the MFI is slightly above the middle range, indicating moderate selling pressure. As of press time, the Solana price stood at $147.99, representing a 6.4% drop from its previous 24-hour price.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXew9YFRF7s8u4FXt9mw9xGxM4q9ZO1xc7abA0khHQyRs5_ece4foPH9W59gzCM5jkKzoClMecssZ5IJDXpb2FUR92yAXcVUypx7Az-nWb1rV288-WoHHkPXUehzfd2J2-9jDiF83BoftvQEoNJ7LZdfa_b7?key&#61;KpvYNm3FblMXWApkmfPEYw" /><a href="https://www.tradingview.com/symbols/SOLUSD/" rel="noopener noreferrer nofollow">4-hour SOL/USDT Chart | Source: TradingView</a></p>

Daily Market Review: BTC, ETH, EGLD, ETC, SOL

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