Cardano

Bitcoin

Daily

Pyth Network

Conflux

<p>Today’s market session has seen bears on the front foot, as seen from the drop in the global market cap. The total cap stood at $2.29T as of press time, representing a 1.49% drop over the last 24 hours, while the trading volume stood at $54.64B as of the same period, representing a 7.7% increase over the same period.</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 not among the gainers in today’s session, as its price movements show. An in-depth analysis shows that the Bitcoin price is currently at the lower band, suggesting potential oversold conditions. The bands have widened, indicating increased volatility.</p> 
<p>On the other hand, the Awesome Oscillator shows red bars below the zero line, indicating bearish momentum. As of press time, Bitcoin traded at $60,856, representing a 2.81% decrease over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeSs2ZXn0Z0pWUT7i4fSpDM_bvQQg4r7Xn5ZP-2yO8VRfZPlMfHxo-ky_nbJH55OVKlQz2skOTuHUZegidHi1Xl4oQ3qHdB31ZECc9pagE9H-NObLmoZjcvJlWLj8y_E3Ors24UERq59jo5v6WV5f25fSeA?key=azL6FlbAKVcrCefy0BuzQQ" 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 not among the gainers in today’s session, as its price movements show. In-depth analysis shows that the lines are intertwined and show a slight bearish cross, indicating potential trend change or consolidation.</p> 
<p>On the other hand, we see the MFI is at 41.20, indicating neither overbought nor oversold conditions but leaning towards a slightly bearish sentiment. Ethereum traded at $3,351 as of press time, representing a 2.4% decrease over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXd3j_XDLIZLPRCRjDJB9QTtzgyeQQr3yemx-X9QzxXoN-HP6hGaIShCXDjcS9F9yP9-kpfMiS5pGE7O2feovQM7y2HDZtcGGv3BsGTdjxBTucBWjqTQHgqEUsO0TnJ23L4xhDf3YmD13f4EgqukGU8VjIuR?key=azL6FlbAKVcrCefy0BuzQQ" 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="conflux-price-review">Conflux Price Review</h2> 
<p>Conflux (CFX) is among the top gainers in today’s session, as evidenced by its price movements. An in-depth analysis shows a rising wedge pattern, which typically signals a bearish reversal.</p> 
<p>On the other hand, we see that the Volume Oscillator: Negative volume oscillator at -14.53%, indicating decreasing buying pressure. As of press time, Conflux traded at $0.1721, representing a 3.08% increase over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdJlAyjpGIEmDoboYuWEhWcth83NjZbOeokzS4lv1kC9PE4dptrq5ezUpQVHaUd9qHLOxI1ZfPxQj7GqzWuKz8PJp8zswYxYGzbBG9--ZIL6OyMVWvSopaCcjINpshPbjkTTlzzWWlNq16BLUzgZaSD04Kq?key=azL6FlbAKVcrCefy0BuzQQ" alt="">
 <figcaption class="wp-element-caption">
  <a href="https://www.tradingview.com/symbols/CFXUSDT/" target="_blank" rel="noopener">4-hour CFX/USDT Chart | Source: TradingView</a>
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="pyth-network-price-review">Pyth Network Price Review</h2> 
<p>Pyth Network (PYTH) is also among the gainers in today’s session, as evidenced by its price movements. Looking at an in-depth analysis, we see that the Bitcoin price is currently in the cloud, indicating indecision. The leading span lines are converging, suggesting potential consolidation or trend reversal.</p> 
<p>On the other hand, looking at other indicators, we see that the ADX is at 14.07, indicating a weak trend. As of press time, Pyth Network traded at $0.3278, representing a 1.3% increase over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeYA-IpICFbjUGlx3GcsrC8bNPO_uwnhzeNPErS0J58xr6wlZiobZYxdPs6iRjZPrbQRczloZ--qjrF1GPWdEgT8LtZ9R89uYO_sadbGjDddgKDQ6ovd0wvdXVdNPjVX_e9ZmRqwQswsTqXJu_4bE9NYyn0?key=azL6FlbAKVcrCefy0BuzQQ" alt="">
 <figcaption class="wp-element-caption">
  <a href="https://www.tradingview.com/symbols/ADAUSD/" target="_blank" rel="noopener">4-hour PYTH/USDT Chart | Source: TradingView</a>
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="cardano-price-review">Cardano Price Review</h2> 
<p><a href="https://blockchainreporter.net/cardano-price-prediction-will-cardano-reach-10-in-the-next-bull-run/" data-type="post" data-id="85527">Cardano (ADA)</a> is also among the gainers in today’s session, as seen from its price movements. An in-depth analysis shows that the Supertrend indicator shows a bullish signal with the price above the Supertrend line.</p> 
<p>On the other hand, the MACD line is above the signal line, indicating bullish momentum. As of press time, Cardano traded at $0.4159, representing a 2.1% increase over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXf3CElf1fhb0B3aR7E3Cmmkj9unmdgtBYMlJ0hNZMGcT7MFMIreZJ6NTZZTESkRJkjIaMkv4501PclB6atCpfn3OrgvXdMzAfdCcy53NA9aVGH6gY4E-yxiFAzpPnT8WIRU4fTP4k6DegZM7et3Fc2YGi-T?key=azL6FlbAKVcrCefy0BuzQQ" alt="">
 <figcaption class="wp-element-caption">
  4-hour ADA/USDT Chart | Source: TradingView
 </figcaption>
</figure>

Daily Market Review: BTC, ETH, CFX, PYTH, ADA

Table of Contents

BlockchainReporter

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