Daily Market Review: BTC, ETH, FARTCOIN, TRUMP, AAVE
BTC
ETH
LEND
FARTCOIN
TRUMP
Bulls are in control of today’s session, as seen from the movement of the global market cap. The total cap stood at $3.73T as of press time, representing a 3.2% increase over the last 24 hours, while the trading volume jumped by 111.2% over the same period to stand at $395.05B as of press time
Bitcoin Price Review
Bitcoin, $BTC, posted a notable increase in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that Bitcoin has broken above the upper Bollinger Band, suggesting high bullish momentum and possible overextension.
On the other hand, we see that the ADX is relatively low at 28.74, indicating moderate trend strength. Bitcoin traded at $107,860 as of press time, representing a 3.03% increase over the last 24 hours.
Ethereum Price Review
Ethereum, $ETH, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the Ethereum price is attempting to break above the cloud, which could signal the start of a bullish phase if sustained.
On the other hand, we see that the Money Flow Index (MFI) is at 45.26, indicating a neutral position with room for accumulation. Ethereum traded at $3,391 as of press time, representing a 5% increase over the last 24 hours.
Fartcoin Price Review
Fartcoin, $FARTCOIN, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the price surged above all key moving averages, confirming strong bullish momentum.
On the other hand, we see that the Volume Oscillator is negative (-12.45%), suggesting reduced buying pressure despite the rally. Fartcoin traded at $2.35 as of press time, representing a 25.07% increase over the last 24 hours.
OFFICIAL TRUMP Price Review
OFFICIAL TRUMP, $TRUMP, is also among the top gainers in today’s session as well as also seen from its price movements. Looking at an in-depth analysis, we see that the Alligator lines are converging, signaling potential consolidation after a significant rally.
On the other hand, we see that the ADX at 24.04 indicates weak trend strength, suggesting that the market may lack a decisive direction. OFFICIAL TRUMP traded at $57.91 as of press time, representing a 2.71% increase over the last 24 hours.
Aave Price Review
Aave, $AAVE, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the Aave price has surged above the Supertrend resistance level (296.64), flipping it into support.
On the other hand, looking at the Volume Oscillator is positive (8.95%), indicating increasing buying interest. Aave traded at $355.32 as of press time, representing a 18.54% increase over the last 24 hours.
