Daily Price Review: BTC, ETH, JASMY, NEO, HNT

By BlockchainReporter
about 1 month ago
BTC ETH NEO HNT JASMY

Bulls still control today’s session, as seen from the global market cap, which has seen a notable rise in today’s session. As of press time, the global market cap stood at $2.63T, representing a 1.8% jump over the last 24 hours.

Bitcoin Price Review

Bitcoin (BTC) has had a tremendous session today, as the crypto king posted notable gains. The Bollinger Bands are moderately wide, indicating some volatility in the market. The Bitcoin price action is near the upper Bollinger Band, hinting at a potential resistance level.

The Moving Average (orange line) is below the current price, suggesting a possible bullish trend.

On the other hand, the MACD histogram is increasing above the signal line, which could indicate bullish momentum. As of press time, the Bitcoin price stood at $70,065, representing a 2.2% dump from its previous 24-hour price.

4-hour BTC/USD Chart | Source: TradingView

Ethereum Price Analysis

Ethereum (ETH) is another gainer today, posting notable gains in today’s session. The Ethereum price is within the Ichimoku Cloud, suggesting a zone of resistance and support, indicating a level of indecision in the market The price has just moved below the baseline (red line), which may signal a potential downtrend.

The MACD lines converge, showing reduced momentum and a possible change in trend. The histogram shows shorter bars, again indicating a potential slowing of momentum. As of press time, the Ethereum price stood at $3,589, representing a 1.3% pump from its previous 24-hour price.

4-hour ETH/USD Chart | Source: TradingView

Jasmy Coin Price Review

The Jasmy Coin price has just made a sharp upward move, breaking out above the Bollinger Bands, which may suggest a strong bullish impulse. The Moving Average Convergence Divergence (MACD) shows a bullish crossover and rising histogram bars, indicating increasing bullish momentum.

On the other hand, the Money Flow Index (MFI) is very high, close to overbought territory, suggesting that the market could be due for a correction if buyers start to profit. As of press time, the Jasmy price stood at $0.0243, representing an 18.2% pump from its previous 24-hour price.

Neo Price Review

Neo (NEO) is another gainer today, and it also posts notable gains in today’s session. The Neo price has experienced a significant spike, rising sharply above the Ichimoku Cloud, a strong bullish signal.

On the other hand, the Average Directional Index (ADX) is rising, indicating a strong trend, but it’s important to note that it doesn’t distinguish between up or down trends. The Neo price is far above the baseline (red line), and the leading span A is above leading span B, reinforcing the bullish trend. As of press time, the Neo price stood at $23.45, representing a 17.36% pump from its previous 24-hour price.

4-hour NEO/USDT Chart | Source: TradingView

Helium Price Review

Helium (HNT) is another gainer today as it also posts notable gains in today’s session. The Helium price action is within a rising channel pattern, indicating a short-term uptrend. On the other hand, the MFI is rising towards the middle ground, suggesting an increase in buying pressure.

However, the recent price action shows a bit of consolidation, with the price moving sideways after a rise, indicating that the market is deciding where to go next. As of press time, the Helium price stood at $6.18, representing an 11% pump from its previous 24-hour price.

4-hour HNT/USDT Chart | Source: TradingView

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