Ethereum

Beam

Ethereum Name Service

Daily

<p>Today’s market session has seen bulls back in charge, as seen from the increase in the global market cap. The total cap stood at $2.33T as of press time, representing a 3.8% increase over the last 24 hours. On the other hand, the trading volume stood at $53.08B as of the same period, representing a 51.9% increase.</p> 
<h2 class="wp-block-heading" id="bitcoin-price-review">Bitcoin Price Review</h2> 
<p><a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/" data-type="post" data-id="64778">Bitcoin (BTC)</a> is among the gainers in today’s session, as seen from its price movements. An in-depth analysis shows that the Bitcoin price has recently broken above the Ichimoku Cloud, indicating a potential shift from bearish to bullish momentum. The leading span A is above span B, suggesting a bullish trend.</p> 
<p>On the other hand, the Woodies CCI is above 100, signalling that the price is in a strong uptrend. The recent value of 157.94 indicates overbought conditions so that a pullback could be imminent. As of press time, Bitcoin traded at $63,298, representing a 3.18% increase over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfxVyG-raM8s-8pg73-pxJaj1Oo5ecYCukvf-wl6SFdO8nAFCNi-D05gzxVamCrd70ge5V1xv0Ws4eNWLuRMPtyNtmBo7cEV_UKi_BjEiNfNLQMEtjAmB4gVhlgT6TkA5lKFcErN_uuZx3HIEGsoFwgEkc?key=H_FqXQ6mXcJr9OOlf8tmUw" alt="">
 <figcaption class="wp-element-caption">
  <a href="https://www.tradingview.com/symbols/BTCUSD/" target="_blank" rel="noreferrer noopener">4-hour BTC/USD Chart | Source: TradingView</a>
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="ethereum-price-review">Ethereum Price Review</h2> 
<p>Ethereum (ETH) is also another gainer in today’s session, as seen from its price movements. An in-depth analysis shows that Ethereum is forming a rising wedge pattern, which is typically a bearish reversal pattern. The Ethereum price is near the upper boundary of the wedge, indicating a potential downward breakout.</p> 
<p>On the other hand, the Woodies CCI is around 171.17, suggesting that the price is overbought and might reverse. As of press time, Ethereum traded at $3,483, representing a 2.8% increase over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdB7miwU1Xs6xNOPXd53WZnq9oJIPMr9hM05CDo9MG9Zl8EV1TPmQuxvLUWItkQkCplWxITIUnjP2JlxdGBxuoJj5qtajDUAWpHvVRtofnq50-Hmzazvnq5VnyM2zh7A7hVXHmyMNx4L8zncbimoqrRgfXW?key=H_FqXQ6mXcJr9OOlf8tmUw" alt="">
 <figcaption class="wp-element-caption">
  <a href="https://www.tradingview.com/symbols/ETHUSD/" target="_blank" rel="noreferrer noopener">4-hour ETH/USD Chart | Source: TradingView</a>
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="ethereum-name-service-price-review">Ethereum Name Service Price Review</h2> 
<p>Ethereum Name Service is also among the gainers in today’s session, as seen from its price movements. An in-depth analysis shows that the Ethereum Name Service price is touching the upper Bollinger Band, indicating overbought conditions and a possible reversal or consolidation.</p> 
<p>On the other hand, the Woodies CCI is around 161.66, indicating overbought conditions. Ethereum Name Service traded at $33.43 as of press time, representing a 29.29% increase over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcVQUCMsUv23VchLpqksJFM_s6sA10GSzQ9CV4ScXYV3zwSMMFX9LoQJ5g6_kW9c4g9crjTolXR1WTidUJNolH2my-LlgqgrUcn-B6H5iGgfovuAAI0XNxvn3223E38cKVdX3BcrAQ6KO4kVjVQ7Quhcn-U?key=H_FqXQ6mXcJr9OOlf8tmUw" alt="">
 <figcaption class="wp-element-caption">
  <a href="https://www.tradingview.com/symbols/ENSUSDT/" target="_blank" rel="noopener">4-hour ENS/USD Chart | Source: TradingView</a>
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="dogwifhat-price-review">Dogwifhat Price Review</h2> 
<p>Dogwifhat (WIF) is among the gainers in today’s session as seen from its price movements as well. Looking at an in-depth analysis, we see that the Alligator’s lips (green), teeth (red), and jaw (blue) are widening, indicating a strong upward trend.</p> 
<p>On the other hand, looking at other indicators, we see that the RSI is at 68.42, approaching the overbought level of 70. Dogwifhat traded at $2.3 as of press time, representing a 13.7% increase over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXf10-cBB5_IBbjxYiI2_3jLzoLJx9qpQzlGXLsY1lXJD76cB5pMYlkHryuutlIJ6cdJM3oYlTqUqFZ2Fl_5LcwkHUIHzcKPxhSxrfo5mG7J078mqk-LJupFe6fG20R5XEXrQYPEb3UOPZOBQEudBYvnQWI?key=H_FqXQ6mXcJr9OOlf8tmUw" alt="">
 <figcaption class="wp-element-caption">
  <a href="https://www.tradingview.com/symbols/WIFUSDT/" target="_blank" rel="noopener">4-hour WIF/USDT Chart | Source: TradingView</a>
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="beam-price-review">Beam Price Review</h2> 
<p>Beam (BEAM) is another gainer in today’s session, as seen from its price movements. An in-depth analysis shows that the Beam price has recently moved above the Ichimoku Cloud, suggesting a potential bullish trend.</p> 
<p>On the other hand, we see that the MFI (Money Flow Index) is at 73.99, indicating overbought conditions. Beam traded at $0.01708 as of press time, representing a 9.6% increase over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXflScwZyJcXpsS6bawZ_lqspUcSQKoVsd1B71JGlb0ms86aclv22Ys_DRumCsvofWDbNLvJhKS9pcPO2movOxa3n0BmOVdJtfl_3hKrzuDmrX8mDGn9FZ7xthPg_THFwpRcAB2djGHCh7ZpejHyMpMKEj4?key=H_FqXQ6mXcJr9OOlf8tmUw" alt="">
 <figcaption class="wp-element-caption">
  <a href="https://www.tradingview.com/symbols/BEAMUSDT/" target="_blank" rel="noopener">4-hour BEAM/USD Chart | Source: TradingView</a>
 </figcaption>
</figure>

Daily Market Review: BTC, ETH, ENS, WIF, BEAM

Table of Contents

BlockchainReporter

Other articles published on Jul 1, 2024

x804 Token Launch: Empowering Global Freedom with Blockchain

Russia’s sanctioned business union mulls establishing national Bitcoin fund

MoonBag’s Top Meme Coin Presale Takes Off While Arweave And Cosmos Contemplate the Future!

Public Company Kronos Taps into Growing Crypto Payments Trend with Shiba Inu (SHIB) Adoption

Bitcoin, Binance, Ethereum, Solana and Ripple: The Biggest Crypto News of the Past Week

Metaplanet Expands Bitcoin Holdings by Purchasing 20.195 BTC

Join our free newsletter for daily crypto updates!