Ethereum

Beam

Ethereum Name Service

Daily

<p>Today’s market session has seen bulls back in charge, as seen from the increase in the global market cap. The total cap stood at $2.33T as of press time, representing a 3.8% increase over the last 24 hours. On the other hand, the trading volume stood at $53.08B as of the same period, representing a 51.9% increase.</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 among the gainers in today’s session, as seen from its price movements. An in-depth analysis shows that the Bitcoin price has recently broken above the Ichimoku Cloud, indicating a potential shift from bearish to bullish momentum. The leading span A is above span B, suggesting a bullish trend.</p> 
<p>On the other hand, the Woodies CCI is above 100, signalling that the price is in a strong uptrend. The recent value of 157.94 indicates overbought conditions so that a pullback could be imminent. As of press time, Bitcoin traded at $63,298, representing a 3.18% increase over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfxVyG-raM8s-8pg73-pxJaj1Oo5ecYCukvf-wl6SFdO8nAFCNi-D05gzxVamCrd70ge5V1xv0Ws4eNWLuRMPtyNtmBo7cEV_UKi_BjEiNfNLQMEtjAmB4gVhlgT6TkA5lKFcErN_uuZx3HIEGsoFwgEkc?key=H_FqXQ6mXcJr9OOlf8tmUw" 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 another gainer in today’s session, as seen from its price movements. An in-depth analysis shows that Ethereum is forming a rising wedge pattern, which is typically a bearish reversal pattern. The Ethereum price is near the upper boundary of the wedge, indicating a potential downward breakout.</p> 
<p>On the other hand, the Woodies CCI is around 171.17, suggesting that the price is overbought and might reverse. As of press time, Ethereum traded at $3,483, representing a 2.8% increase over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdB7miwU1Xs6xNOPXd53WZnq9oJIPMr9hM05CDo9MG9Zl8EV1TPmQuxvLUWItkQkCplWxITIUnjP2JlxdGBxuoJj5qtajDUAWpHvVRtofnq50-Hmzazvnq5VnyM2zh7A7hVXHmyMNx4L8zncbimoqrRgfXW?key=H_FqXQ6mXcJr9OOlf8tmUw" 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="ethereum-name-service-price-review">Ethereum Name Service Price Review</h2> 
<p>Ethereum Name Service is also among the gainers in today’s session, as seen from its price movements. An in-depth analysis shows that the Ethereum Name Service price is touching the upper Bollinger Band, indicating overbought conditions and a possible reversal or consolidation.</p> 
<p>On the other hand, the Woodies CCI is around 161.66, indicating overbought conditions. Ethereum Name Service traded at $33.43 as of press time, representing a 29.29% increase over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcVQUCMsUv23VchLpqksJFM_s6sA10GSzQ9CV4ScXYV3zwSMMFX9LoQJ5g6_kW9c4g9crjTolXR1WTidUJNolH2my-LlgqgrUcn-B6H5iGgfovuAAI0XNxvn3223E38cKVdX3BcrAQ6KO4kVjVQ7Quhcn-U?key=H_FqXQ6mXcJr9OOlf8tmUw" alt="">
 <figcaption class="wp-element-caption">
  <a href="https://www.tradingview.com/symbols/ENSUSDT/" target="_blank" rel="noopener">4-hour ENS/USD Chart | Source: TradingView</a>
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="dogwifhat-price-review">Dogwifhat Price Review</h2> 
<p>Dogwifhat (WIF) is among the gainers in today’s session as seen from its price movements as well. Looking at an in-depth analysis, we see that the Alligator’s lips (green), teeth (red), and jaw (blue) are widening, indicating a strong upward trend.</p> 
<p>On the other hand, looking at other indicators, we see that the RSI is at 68.42, approaching the overbought level of 70. Dogwifhat traded at $2.3 as of press time, representing a 13.7% increase over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXf10-cBB5_IBbjxYiI2_3jLzoLJx9qpQzlGXLsY1lXJD76cB5pMYlkHryuutlIJ6cdJM3oYlTqUqFZ2Fl_5LcwkHUIHzcKPxhSxrfo5mG7J078mqk-LJupFe6fG20R5XEXrQYPEb3UOPZOBQEudBYvnQWI?key=H_FqXQ6mXcJr9OOlf8tmUw" alt="">
 <figcaption class="wp-element-caption">
  <a href="https://www.tradingview.com/symbols/WIFUSDT/" target="_blank" rel="noopener">4-hour WIF/USDT Chart | Source: TradingView</a>
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="beam-price-review">Beam Price Review</h2> 
<p>Beam (BEAM) is another gainer in today’s session, as seen from its price movements. An in-depth analysis shows that the Beam price has recently moved above the Ichimoku Cloud, suggesting a potential bullish trend.</p> 
<p>On the other hand, we see that the MFI (Money Flow Index) is at 73.99, indicating overbought conditions. Beam traded at $0.01708 as of press time, representing a 9.6% increase over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXflScwZyJcXpsS6bawZ_lqspUcSQKoVsd1B71JGlb0ms86aclv22Ys_DRumCsvofWDbNLvJhKS9pcPO2movOxa3n0BmOVdJtfl_3hKrzuDmrX8mDGn9FZ7xthPg_THFwpRcAB2djGHCh7ZpejHyMpMKEj4?key=H_FqXQ6mXcJr9OOlf8tmUw" alt="">
 <figcaption class="wp-element-caption">
  <a href="https://www.tradingview.com/symbols/BEAMUSDT/" target="_blank" rel="noopener">4-hour BEAM/USD Chart | Source: TradingView</a>
 </figcaption>
</figure>

Daily Market Review: BTC, ETH, ENS, WIF, BEAM

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