Bitcoin

Aave [old]

Gala

Flare

<p>The bulls are still in control in today’s session, as seen from the increase in the global market cap. The total cap stood at $2.14T as of press time, representing a 2.4% increase over the last 24 hours, while the trading volume dropped by 20% over the same period to stand at $63.9B as of press time.</p><h2 id="header-0">Bitcoin Price Review</h2><p><a href="https://blockchainreporter.net/bitcoin-price-prediction-2021-btig-hopeful-it-could-hit-50000/" rel="noopener noreferrer nofollow">Bitcoin, $BTC</a>, is posting gains in today’s session, as seen from its price movements. Looking at an in-depth analysis, the Bitcoin price is moving within the Bollinger Bands, with the current price slightly above the middle band, indicating a potential consolidation phase.</p><p>On the other hand, we see that the AO is showing red bars, which signifies a loss of bullish momentum, possibly indicating a short-term bearish trend. Bitcoin traded at $58,454 as of press time, representing a 4% decrease over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc7e3lqIFIfQ7TPh8mSFvVwx_iWo6SUjZTRFevx2-575AINJv7Vy5Bc13swR0QBHWuLRUDbDa0xnGEQ43Ylawz3TOUS1wgEdY8RJzrTMyorvQgi7CI4fOP2X3SKeEwJNlCt3da6Ol4shq2AkeaRlGqXWK2X?key&#61;O8yEhWjTHIb1VFJvMCECrA" /><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 also facing corrections in today’s session as seen from its price movements. Looking at an in-depth analysis, we see that the Alligator indicator shows a convergence of the jaws, teeth, and lips, indicating a possible trend reversal or a continuation of the current trend, depending on the breakout direction.</p><p>On the other hand, we see that the MFI is at 41.39, indicating that the asset is neither overbought nor oversold, which suggests a wait-and-see approach for a clear trend direction. Ethereum traded at $2,624 as of press time, representing a 3.8% decrease over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcXV6P0S7i5C_3Y9-t10BD9QbSx9sqkwe93telUk2kAPswqqNQv1y61dHjFGDckAar7xAr1_sjw8njPPC9TiU3yFsr2nQEj2IGP4z-PDnU8X5SURvLLLMbzHUSA3aBExbTmc07ShiDo1X_ASddos55wcFs9?key&#61;O8yEhWjTHIb1VFJvMCECrA" /><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">Aave Price Review</h2><p>Aave, $AAVE, 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 Aaave price is hovering around the Kumo (cloud) in the Ichimoku system, signaling indecision or a neutral market. A breakout above or below the cloud will likely define the next trend.</p><p>On the other hand, we see that the Volume Oscillator shows a declining volume, which might indicate weakening market participation and a potential reversal or consolidation. Aave traded at $104.91 as of press time, representing a 5% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeTUm1hztAvMTPUCCnsnS1SJsTt8Q1_bRsNFy-R2IoLQ9_kcBQWfOoraCYKinDcLFUM4wkXtzOnAxthaWutv4xQO9XLKtm9D3eD_NH-XbQwXfrNEExrXPpkKtEKwEmsckBM3_2cEpshjEs_3yqmddtz-C5B?key&#61;O8yEhWjTHIb1VFJvMCECrA" /><a href="https://www.tradingview.com/symbols/AAVEUSDT/" rel="noopener noreferrer nofollow">4-hour AAVE/USD Chart | Source: TradingView</a></p><h2 id="header-3">Flare Price Preview</h2><p>Flare, $FLR, is also among the gainers in today’s session as seen from its price movements. Looking at an in-depth analysis, the Supertrend indicator shows a red band above the price, indicating a bearish trend.</p><p>On the other hand, we see that the Volume Oscillator is negative, suggesting a decrease in trading activity, which may support the continuation of the bearish trend unless a strong volume-driven move occurs. Flare traded at $0.01549 as of press time, representing a 2.48% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeqywjWUuGmwQTVC_YRvqiv2yZlSJxjh1I4_wbAY3LUaxC4jwpSy5ldIA_74PbyRb_OmYU0pl1LaN6Fi26vq3Rfg1JkxyDvApgr77v3FhYA6oamspKQnIsYijFYqgHoREK5lLVWbBlLqaO3iQIZPbzl70w?key&#61;O8yEhWjTHIb1VFJvMCECrA" /><a href="https://www.tradingview.com/symbols/FLRUSD/" rel="noopener noreferrer nofollow">4-hour FLR/USD Chart | Source: TradingView</a></p><h2 id="header-4">Gala Price Review</h2><p>Gala, $GALA, 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 Gala price is following the pitchfork’s median line, which can act as support or resistance.</p><p>On the other hand, we see that the Woodies CCI shows high positive values, indicating strong bullish momentum, which might suggest a continuation of the upward move if the price sustains above the pitchfork’s median line. Gala traded at $0.01745 as of press time, representing a 3.18% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfodo7zp9hIAhV0DMRDOrM6iy63jiSi-SiZUAgH-3__ryBLWHpyotK3Yd8nCou8SnPJRwTL2i62k6TXrTH9XNFQvL90eVz7Z24fKizTlI03XjwmflfiU_HeovSYTGWQ2_aaJt3tZuqfs82cbHa1vOK996o?key&#61;O8yEhWjTHIb1VFJvMCECrA" /><a href="https://www.tradingview.com/symbols/GALAUSDT/" rel="noopener noreferrer nofollow">4-hour GALA/USD Chart | Source: TradingView</a></p>

Daily Market Review: BTC, ETH, AAVE, FLR, GALA

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