Daily Market Review: BTC, ETH, NOT, FLOKI, KSM

Today’s market session has bulls on the front foot, as seen from the increase in the global market cap over the last day. The total cap stood at $2.57T as of press time, representing a 1.83% increase over the last 24 hours.

Bitcoin Price Review

Its price movements show that Bitcoin (BTC) is among the gainers today. Analysing Bitcoin price charts, we see that The Alligator indicator (three moving averages) suggests a recent bullish crossover with the green line (lips) moving above the red (teeth) and blue (jaw) lines, indicating a possible bullish momentum.

On the other hand, the Money Flow Index of 57.50 suggests neither overbought nor oversold conditions, supporting a potential continuation of the current trend. As of press time, the Bitcoin price stood at $69,073, representing a 2.11% jump from its previous 24-hour price.

Ethereum Price Review

Ethereum (ETH) is also a gainer in today’s session, as seen from its price movements. Analysing Ethereum price charts, Bollinger Bands indicate that the price oscillates near the middle band, suggesting moderate volatility and no significant price breakout.

On the other hand, the CCI shows a downtrend momentum as it remains below the zero line, which might suggest bearish pressure. As of press time, the Ethereum price stood at $3,773, representing a 0.1% jump from its previous 24-hour price.

Notcoin Price Review

Notcoin (NOT) is not among the top gainers today after its earlier rise, as evidenced by its price movements. An in-depth analysis shows that the Ichimoku Cloud’s price is above the cloud, indicating a bullish trend.

However, the Volume Oscillator is negative, suggesting a decrease in buying volume, which could warn of a potential pullback or trend weakness. As of press time, the Notcoin price stood at $0.02269, representing a 3.6 drop from its previous 24-hour price.

Floki Price Review

Floki (FLOKI) is among the top gainers in today’s session, as evidenced by its price movements. Analysing Floki’s price charts, we see that the Supertrend indicator is below the price, suggesting a bullish condition.

On the other hand, the ADX value of 20.62 suggests a moderate trend strength, which might support a continuation of the current trend. As of press time, the Floki price stood at $0.0002776, representing a 16.6% jump from its previous 24-hour price.

Kusama Price Review

Kusama (KSM) is also among the gainers in today’s session, as seen from its price movements. Analysing Kusma price charts, we see that the Auto Pitchfork tool shows price movements within a defined channel, with recent price action testing the lower bounds.

On the other hand, the RSI near 55 suggests a neutral market without clear overbought or oversold conditions. As of press time, the Kusama price stood at $31.69, representing a 5.3% jump from its previous 24-hour price.