Bitcoin

Ethereum

Pendle

Bittensor

<p>The bulls are now gaining back control in today’s session, as seen from the increase in the global market cap. The total cap stood at $2.2T as of press time, representing a 0.26% decrease over the last 24 hours, while the trading volume dropped by 36.5% over the same period to stand at $44.85B as of press time.</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>, has failed posted gains in today’s session, as seen from its price movements. Looking at an in-depth, Bitcoin is trading above the Supertrend line, indicating a bullish trend. The price recently pulled back after a strong upward move, showing consolidation near resistance levels.</p><p>On the other hand, we see that the ADX is at 34.56, suggesting strong trend momentum. The trend strength is still valid but showing early signs of weakening. Bitcoin traded at $62,928 as of press time, representing a 0.26% decrease over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcRqCGv06mWekxE2IGn3prIfXftF_8DbWIbUDrcJQNZYdIKtoFeiSyDRxZtOkmQx9SlZnqeOWIh2o7Xt7TSHU63w_jxbXQwfgP-f0hchP5RsY35xiCgag7uPvgYZBlROQTNlU7jyZ-twgEnYKOJWRSlGW7k?key&#61;HdayUh1NbmLnRhFziIvlVw" /><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 among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that Ethereum is in a bullish trend, confirmed by the Alligator’s moving averages aligning upward. The recent price action shows consolidation near the $2,580 level, a potential resistance area.</p><p>On the other hand, we see that the MFI is at 62.56, indicating mildly overbought conditions but not yet at extreme levels, allowing room for further upside. Ethereum traded at $2,583 as of press time, representing a 1,17% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfu-RF0ZUsiNrMRxmQnBW6u549xdQ74x1MGOQEROmPBGbm2i7KzggzthGA85UWpcrWrvgYX_yB82ip1Vbuyapa9enRiNtBPQ-jMbR1DzI4tYNiGRckLlclLTWkySveRmwx97PXkBLUBtARUodoMNGbKZlI?key&#61;HdayUh1NbmLnRhFziIvlVw" /><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">Pendle Price Review</h2><p>Pendle, $PENDLE, is also among the top gainers in today’s session as seen from its price movements. Looking at an in-depth analysis, we see that Pendle has broken above the Ichimoku Cloud, signaling a strong bullish trend. The price surge is accompanied by an upward-sloping ADX at 29.88, indicating growing trend strength.</p><p>The ADX is rising, suggesting the trend is strengthening. The gap between price and the Ichimoku Cloud may imply potential retracement or consolidation. Pendle traded at $4.25 as of press time, representing a 22.17% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc7HH-jXCp5s1YIxl3liz2wCyHzXHDpZ4FouBzZUK7WKKuUQIam-KBtBqBx1q3AZPoXnD50IY66C91InIoo0-QuX0ckUnyKhElEDQ2HfcnFezaSOOqLTTnyJZqUvKwIPeDFXNLkHCQo7_6DMnD-syWv9lCy?key&#61;HdayUh1NbmLnRhFziIvlVw" />4-hour PENDLE/USDT Chart | Source: TradingView</p><h2 id="header-3">Bittensor Price Review</h2><p>Bittensor, $TAO, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the Bittensor price is following an upward Pitchfork channel, indicating a bullish trend within a defined range. The price is currently near the upper boundary of the Pitchfork.</p><p>On the other hand, we see that the MACD shows a bullish crossover, indicating positive momentum, but the histogram is flattening, suggesting potential slowing of upward momentum.Bittensor traded at $467.99 as of press time, representing a 13.7% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcI3KiG0zFi1BWCPTr0a9EIfrb7Vh1cj9WWABb9ZyKakVRiysc8s9SitgClf22bM98cJXTjAH7npCIRjQByWTfwD19DxQVk5cGVxHYu2l_KANiBYsR94RXH3k2dJd8Xc-VntXnknAuqFOyQzT948eB3hKf6?key&#61;HdayUh1NbmLnRhFziIvlVw" /><a href="https://www.tradingview.com/symbols/BTTUSDT/" rel="noopener noreferrer nofollow">4-hour BTT/USDT Chart | Source: TradingView</a></p><h2 id="header-4">Akash Network Price Review</h2><p>Akash Network, $AKT, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the Akash Network price has recently surged above the upper Bollinger Band, indicating strong bullish momentum. However, this often suggests overbought conditions.</p><p>The MACD shows a positive crossover with rising histogram bars, indicating bullish momentum. Akash Network traded at $2.85 as of press time, representing a 7.38% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdvVlGgJRkM9xDE5u1dcUJy2VsjnRp31VolcW8EqiMe-O6sNSkLfx0urIJVfKrWD1C4Vs9BwUENCm2sMnDwmQViSQZItbUEnBV0eidl3eYneUpJHQjU1k7Ad1fQ_DT3RkQlT_2gaoa5O_6xKDgZDfdPMiY9?key&#61;HdayUh1NbmLnRhFziIvlVw" /><a href="https://www.tradingview.com/symbols/AKTUSD/" rel="noopener noreferrer nofollow">4-hour AKT/USDT Chart | Source: TradingView</a></p>

Daily Market Review: BTC, ETH, PENDLE, TAO, AKT

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