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Daily Market Review: BTC, ETH, TIA, MOG, SEI

by NZU
10 7 月, 2024
in Altcoins
0
Daily Market Review: BTC, ETH, TIA, MOG, SEI

The bulls are still in control in today’s session, as seen from the increase in the global market cap. The total cap stood at $2.12T as of press time, representing a 0.38% increase over the last 24 hours, while the trading volume jumped by 5% over the same period to stand at $81.78B as of press time. 

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Bitcoin Price Review

Bitcoin (BTC) is among the gainers in today’s session, as seen from its price movements. An in-depth analysis shows that the Bitcoin price is at the upper Bollinger Band, indicating potential overbought conditions.

On the other hand, the Relative Strength Index (RSI) is around 68.50, approaching overbought territory (above 70). As of press time, Bitcoin traded at $59,121, representing a 3.2% increase over the last 24 hours.

4-hour BTC/USD Chart | Source: TradingView

Ethereum Price Review

Ethereum (ETH) is also among the gainers in today’s session, as seen from its price movements. In-depth analysis shows that the Alligator Indicator’s moving averages converge and start to diverge upwards, indicating a possible beginning of an uptrend.

On the other hand, the Woodies CCI is above zero, suggesting bullish momentum. As of press time, Ethereum traded at $3,096, representing a 1.03% increase over the last 24 hours.

4-hour ETH/USD Chart | Source: TradingView

Celestia Price Review

Celestia (TIA) is also among the gainers in today’s session, as seen from its price movements. An in-depth analysis shows that the supertrend is green, indicating an uptrend in the Celestia price.

On the other hand, looking at other indicators, we see that the Awesome Oscillator (AO) is positive, supporting the bullish trend. As of press time, Celestia traded at $6.96, representing a 13.2% increase over the last 24 hours.

4-hour TIA/USDT Chart | Source: TradingView

Mog Coin Price Review

Mog Coin is also among the gainers in today’s session, evidenced by its price movements. An in-depth analysis shows that the Mog Coin price is uptrend. If the Mog Coin price remains above the cloud, the uptrend may continue. 

On the other hand, the low ADX suggests that the trend might not be firm, indicating potential consolidation. As of press time, Mog Coin traded at $0.000001688, representing a 14.3% increase over the last 24 hours.

4-hour MOG/USDT Chart | Source: TradingView

Sei Price Review

Sei (SEI) is also among the gainers in today’s session, evidenced by its price movements. An in-depth analysis shows that the Sei price is within the pitchfork channel, indicating a possible trend direction.

On the other hand, the Woodies CCI is above zero, indicating bullish momentum. As of press time, Sei traded at $0.3413, representing a 12.5% increase over the last 24 hours.

4-hour SEI/USDT Chart | Source: TradingView

Credit: Source link

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