Bitcoin

Ethereum

Flow

Ethena

POPCAT

<p>The bulls are in control in today’s session, as seen from the increase in the global market cap. The total cap stood at $2.42T as of press time, representing a 1.2% increase over the last 24 hours, while the trading volume dropped by 20.3% over the same period to stand at $67.94B 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>, is among the gainers in today’s session, as seen from its price movements. An in-depth analysis shows the Bitcoin price is currently above the Kumo (cloud), indicating a bullish trend. The Tenkan-sen (blue line) is above the Kijun-sen (red line), suggesting bullish momentum. The Chikou Span (green line) is above the price, confirming the bullish trend.</p><p>On the other hand, the Awesome Oscillator (AO) histogram bars are green and above the zero line, indicating bullish momentum. As of press time, Bitcoin traded at $66,599, representing a 1.2% increase over the last 24 hours.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXc9YEsdCZmOEaQ8Xk4Icup8JiGH8XGVyc6__6whZGkOVFesjB95pJrVv4xviIFk8gRa5_agKIndCeFZN8kWb33vhbn4aYC6DINJ4jdFVr5QGI85MnHoW0FilPOe_KiARdXtp_WhmZMazw7tNzh5WrMNZULV?key&#61;0LSUORuPlmyIe8Jx-M0thg" /><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> failed to gain in today’s session, as seen from the price movements. An in-depth analysis shows Ethereum’s price is within the Bollinger Bands but slightly below the middle band (20-period moving average), indicating a neutral to slightly bearish short-term trend. The bands are relatively narrow, suggesting low volatility.</p><p>On the other hand, the Money Flow Index (MFI) is at 34.34, which is close to the oversold territory (below 20), indicating potential buying opportunities if it continues to drop. Ethereum traded at $3,417 as of press time, representing a 0.34% decrease over the last 24 hours.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcRHumSbdLY1mKTdDALtA4YQ86MUO6qqAbrq2IuFjbyMd6F8h9sXn7Dj_KCulNO0f_wZw7MK3uiUhORmTj5zMnXEpa0cG9NwvQnaBZ4FMYYPZ2YdCiDZTnIXXe4f539ei7n1XwtKmB3XdGpookjZyrF3Pw?key&#61;0LSUORuPlmyIe8Jx-M0thg" /><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">Flow Price Review</h2><p>Flow $FLOW is another gainer in today’s session, as seen from its price movements. An in-depth analysis shows that the three lines (Jaw—blue, Teeth—red, Lips—green) diverge upwards, indicating a developing bullish trend. The price is above all three lines, confirming the bullish momentum.</p><p>On the other hand, the Relative Strength Index (RSI) is at 88.91, indicating that the asset is overbought. Due to overbought conditions, there might be a potential correction or consolidation. Flow traded at $0.6837 as of press time, representing a 13.96% increase over the last 24 hours.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfEhUjzUpy2CQQEIMNdzwp18WUgA9RZDKSe4u7FAY2vaITunoZk3rUmLJegrYpREgW6krKuITM0kdwOF4tZM4NfVGJGO9i1CrAwmu2m4OS-ZtEhAx9mwW8cQYqQDQfZu0zjpOZfGa7KfVdqL_f_PHxnmn8D?key&#61;0LSUORuPlmyIe8Jx-M0thg" /><a href="https://www.tradingview.com/symbols/FLOWUSDT/" rel="noopener noreferrer nofollow">4-hour FLOW/USD Chart | Source: TradingView</a></p><h2 id="header-3">Ethena Price Review</h2><p>Ethena (ENA) is also among the gainers in today’s session, as seen from the price movements. An in-depth analysis shows that the Ethena price is moving within the upper half of the pitchfork channel, suggesting a bullish trend. The upper boundary of the pitchfork acts as resistance, while the median line acts as support.</p><p>On the other hand, the Average Directional Index (ADX) is at 24.94, indicating a weak trend. The ADX line is rising, suggesting that the trend might be strengthening. Ethena traded at $0.4823 as of press time, representing a 15.69% increase over the last 24 hours.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfe2-WmxFvDLIwfZTNV1qHUUPtK7N9rspXNDJhWKurBPJhZSxHMxCMcNF-5_O4V8J_hhSQ4utOG04rfwscBLn_QC2Mo2xnwaFm1nxhhEpi3cyhjN6kLlG-IqFlBT1wrjMfmuhp4F3jHct_aV1Kruqv3oJDt?key&#61;0LSUORuPlmyIe8Jx-M0thg" /><a href="https://www.tradingview.com/symbols/ENAUSDT/" rel="noopener noreferrer nofollow">4-hour ENA/USDT Chart | Source: TradingView</a></p><h2 id="header-4">Popcat (SOL) Price Review</h2><p>Popcat (SOL) $POPCAT is also among the gainers in today’s session, as seen from its price movements. An in-depth analysis shows that the Supertrend indicator is green, suggesting a bullish signal. The POPCAT price is above the Supertrend line, confirming the bullish trend.</p><p>On the other hand, the Volume Oscillator is at -12.83%, indicating a decrease in buying volume compared to the average. POPCAT traded at $0.8754 as of press time, representing an 11.42% increase over the last 24 hours.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfiCKQiD8GabcCKV39qqNXH8ccW0yC_bmBF4_fUpvjx3GQ59Pluy9hB0CTWmM0po-J5bL9WBcHSKpQNFQDgbZOfT2CWnnFnwJqnIFQ4shZlrrcKG5KeGqGX-hsco1oGuySOSu0byyI5eLedPnlFygyWwm8?key&#61;0LSUORuPlmyIe8Jx-M0thg" /><a href="https://www.tradingview.com/symbols/POPCATUSDT/" rel="noopener noreferrer nofollow">4-hour POPCAT/USDT Chart | Source: TradingView</a></p>

Daily Market Review: BTC, ETH, FLOW, ENA, POPCAT

Table of Contents

BlockchainReporter

Andre artikler udgivet 24. jul. 2024

Shiba Inu and Dogecoin Investors Find Another Gem in RCO Finance, 3,000% Returns on the Table

Here's Why Ethereum Didn't Skyrocket on ETF Launch

What is Asset-referenced Token (ART) under the MiCA Regulation?

Tron Network Surpasses 8.1 Billion Transactions

Robert Kiyosaki Predicts Bitcoin to Hit $105,000 if Trump Wins 2024 Election

Major Crypto Exchange Moves To Delist Cardano, Shiba Inu, And XRP Pairs

Join our free newsletter for daily crypto updates!