Bitcoin

Ethereum

Pendle

Ondo

<p>Today’s market session has started with bulls showing tremendous recovery strength as evidenced by the increasing global market cap. The global market cap has recorded a 4.7% jump over the last 24 hours to stand at $2.31T while the trading volume also jumped by 15% to stand at $151.3B as of the same period.</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 also having a good session today, showing some recovery. The Bollinger Bands, MACD, and a 20-period Simple Moving Average (SMA). The Bitcoin price has increased significantly, closing above the 20-period SMA, indicating a potential reversal or bullish movement.</p><p>The Bollinger Bands are starting to expand, which could suggest increasing volatility. The MACD is now above the signal line, indicating that the downward momentum is slowing down. As of press time, the Bitcoin price stood at $66,423, representing a 2.6% pump from its previous 24-hour price.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/1a39ddc1a48b4afdb97c69aafeb0922b.png" /><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> also showed some recovery in today’s session, as the altcoin posted some notable gains. The Ethereum price is below the Ichimoku Cloud, typically a bearish signal. There has been a recent upturn with the price moving towards the cloud, suggesting a potential trend reversal if it breaks into the cloud.</p><p>The Volume Oscillator is negative, indicating that volume decreases on up moves, which could signify weakening bullish momentum. As of press time, the Ethereum price stood at $3,243, representing a 4.6% pump from its previous 24-hour price.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/df2003dc86e942ca9ab9c53c13e7f6fe.png" /><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">Neo Price Review</h2><p>Neo (NEO) is among today’s top gainers, as the altcoin posted remarkable gains. An in-depth analysis shows that the NEO price is currently at the upper boundary of the Pitchfork, suggesting potential resistance.</p><p>On the other hand, the ADX value is high at around 26.92, indicating a strong trend. This trend could be upward since the price is at the upper boundary of the pitchfork. As of press time, the Neo price stood at $23.04, representing a 36.3% pump from its previous 24-hour price.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/0f5c0646cbfc4a1c87197f3cd1fc9962.png" /><a href="https://www.tradingview.com/symbols/NEOUSDT/" rel="noopener noreferrer nofollow">4-hour NEO/USDT Chart | Source: TradingView</a></p><h2 id="header-3">Ondo Price Review</h2><p>In today’s session, Ondo (ONDO) is another gainer, managing some notable gains. Looking at an in-depth analysis, we notice that the Supertrend is green and below the price, signaling a bullish trend.</p><p>On the other hand, the RSI is above 50 and heading towards overbought territory, which can indicate strong bullish momentum but also warns of a potential retracement if the RSI becomes too high. As of press time, the Ondo price stood at $0.9736, representing a 27% pump from its previous 24-hour price.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/9a93675160d14bc0800ba776de114bcf.png" /><a href="https://www.tradingview.com/symbols/ONDOUSDT/" rel="noopener noreferrer nofollow">4-hour ONDO/USDT Chart | Source: TradingView</a></p><h2 id="header-4">Pendle Price Review</h2><p>Pendle (PENDLE) was another gainer in today’s session, as the altcoin also managed some notable gains. Looking at in-depth analysis, we notice that the Pendle price is above the Alligator’s mouth (the three smoothed moving averages), which is generally bullish.</p><p>On the other hand, the MFI is just under 50, suggesting balanced buying and selling pressure. An MFI below 20 would indicate oversold conditions, while above 80 would suggest overbought conditions. During writing, the Pendle price stood at $6.75, representing a 15.6% pump from its previous 24-hour price.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/2a681d9f82a84de5ab1651fde1f2484f.png" /><a href="https://www.tradingview.com/symbols/PENDLEUSDT/" rel="noopener noreferrer nofollow">4-hour PENDLE/USDT Chart | Source: TradingView</a></p>

Daily Market Review: BTC, ETH, NEO, ONDO, PENDLE

Table of Contents

BlockchainReporter

Egyéb ezen a dátumon (2024. ápr. 15.) megosztott cikkek

Examining XRP’s largest drop in 2024: Down 32% in 2 days

Crypto – Ethereum Recovers After a Sharp Decline!

Weekend Collapse in the Futures Market Signals to Buy Altcoins, Analyst Claims

Newly Elected IRS Chief Mentioned a Rise in Crypto Tax Crimes

Bitcoin’s Price Will Not Reach $100,000 Until 6 Months After The Halving, Experts Say

IRS investigation chief expects uptick in crypto tax evasion this year

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