Ethereum

Maker

Kaspa

Daily

Flare

<p>Bears continue to dominate today’s session, as seen from the drop in the global market cap. The total market cap stood at $2.26T as of press time, representing a 0.59% decrease in valuation over the last day. On the other hand, the trading volume dropped by 31% within the same period to $57.7B.</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> has faced some corrections in today’s session, as seen from its price movements. An in-depth analysis shows that the Bitcoin price is trending downwards and has recently stabilized near the lower band, suggesting a potential oversold condition or a pause in the bearish momentum.</p> 
<p>On the other hand, Woodie’s CCI oscillates around the -100 level, which generally indicates bearish sentiment. The lack of upward momentum in CCI suggests that market sentiment remains negative. As of press time, Bitcoin traded at $60,585, representing a 1.58% decrease over the last 24 hours.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfewQYBsFwnWdJDmr8YU7n2WbJ2tK67wpJXHaQWcekHlSm-_cmR9tGE7XlFQrG28UCx_Bo8BMM1kVbw1xErSIX6q5l5meisPtQhZX-MeStcKHPaPL4Y0bDY3TIXs7O_xKuWOihCBKHKMU9DZHFxMtUrw6S1?key=Zb-GOviOWdAVvDckGferWA" alt="">
</figure> 
<h2 class="wp-block-heading" id="ethereum-price-review">Ethereum Price Review</h2> 
<p><a href="https://blockchainreporter.net/price-prediction/ethereum-price-prediction/" data-type="post" data-id="66941">Ethereum (ETH)</a> also failed to record gains in today’s session, as seen from its price movements. In-depth analysis shows that the lines of the Alligator are intertwining, and the price is weaving around them, indicating a lack of clear trends and a consolidation phase.</p> 
<p>On the other hand, the MFI is near the 68 mark, which is moderately high. This suggests buying interest, but it is not strong enough for a bullish reversal. Ethereum traded at $3,367 as of press time, representing a 0.62% decrease over the last 24 hours.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdVuiWYmhH_wPvnIMp_SelSuyP1chTXMjsnXdYLfzYzyj-yhziT98QW0dOWSXOGXklFdn04OhLeqHQPmME6-Ioi5GDnjFSK2uOwM1SzHwoBt2MTyXzajBJIIfJxkbqijjAdux_Cl1lJDQGscqg2fc8FYCTB?key=Zb-GOviOWdAVvDckGferWA" 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="kaspa-price-review">Kaspa Price Review</h2> 
<p>As seen from its price movements, Kaspa (KAS) is among the gainers in today’s session. An in-depth analysis of Kaspa price charts shows that it recently broke above the Ichimoku Cloud, signaling a bullish breakout. The conversion line (blue) above the baseline (red) supports this bullish momentum.</p> 
<p>On the other hand, the RSI is at around 73, which indicates that the market might be entering overbought territory, which could lead to a pullback or consolidation in the near term. Ethereum traded at $0.1753 as of press time, representing a 9.62% increase over the last 24 hours.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeeUYHRR1OHAMBXwNbyshSsUzaXgA3mrwRxMJMcwh--x-Grp_pogApBelBAgFmiarC9BOuYBPngjquBCurqJNdSWpZTKr15ZC6DFVs8Zg1yYWsVc_QdRik5PEpRrwk6gYVOBb94nWftteOsRbrYR7g7x-u5?key=Zb-GOviOWdAVvDckGferWA" alt="">
 <figcaption class="wp-element-caption">
  <a href="https://www.tradingview.com/symbols/KASUSDT/" target="_blank" rel="noopener">4-hour KAS/USDT Chart | Source: TradingView</a>
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="maker-price-review">Maker Price Review</h2> 
<p>Maker (MKR) is also among the gainers in today’s session, as seen from its price movements. An in-depth analysis of Maker price charts shows Maker in a clear double-bottom pattern, generally a bullish reversal pattern. The second bottom appears to be forming, and if the price breaks above the neckline (dotted line), it could confirm the reversal.</p> 
<p>Looking at other indicators, the Awesome Oscillator (AO) shows increasing green bars, indicating growing bullish momentum and supporting the potential breakout from the double bottom pattern. Maker traded at $2,522.35 as of press time, representing a 7.36% increase over the last 24 hours.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdK1rZbB6zcLpuzZsPO30kI1t3S2aceQwpWj7BrohLAxwxQaoJbtXbJ8_hhdoyZichovuyeokxj5Hgt1_ong1m4ySNX4qazQo-FtlUxWvuIC8DxwmqGkbRTWi6wQptVIJlsoKh7Tq17q42yzq25W-Iw55k?key=Zb-GOviOWdAVvDckGferWA" alt="">
 <figcaption class="wp-element-caption">
  <a href="https://www.tradingview.com/symbols/MKRUSDT/" target="_blank" rel="noopener">4-hour MKR/USDT Chart | Source: TradingView</a>
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="flare-price-review">Flare Price Review</h2> 
<p>Flare (FLR) is also a gainer in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that the Flare price is moving towards the upper edge of the cloud. A break above the cloud would be a bullish sign.</p> 
<p>The Volume Oscillator shows increasing volume as the price approaches the cloud, suggesting rising interest that might support a bullish breakout. Flare traded at $0.02456 as of press time, representing a 4.74% increase over the last 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeaE90KstboXwHCyYHvGjPTzCx4Ur44tlDJkOM-BN_DHq41fWFE99RTER_9IG25wGdUJAjV9tEnAA_aOgU59LTY6I_wZuEGqD0Oql-rdRpWbLF_bGTtoYon3M0whxyPNtnacHvZ4ZRaQttmNjrSx3nTF4xV?key=Zb-GOviOWdAVvDckGferWA" alt="">
 <figcaption class="wp-element-caption">
  <a href="https://www.tradingview.com/symbols/FLRUSD/" target="_blank" rel="noopener">4-hour FLR/USD Chart | Source: TradingView</a>
 </figcaption>
</figure>

Daily Market Review: BTC, ETH, KAS, MKR, FLR

Зміст

BlockchainReporter

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