|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Bitcoin, Ethereum Fail to Post Gains, While SAFE, POPCAT and MEW Rally
Oct 24, 2024 at 04:20 pm
The bulls are in control of today's session, as seen from the increase in the global market cap. The total cap stood at $2.31T as of press time
The bulls are taking charge of today’s session, as evident from the global market cap, which saw an increase. At press time, the total cap stood at $2.31T, indicating a 0.16% gain over the last 24 hours. Meanwhile, the trading volume jumped by 18.6% over the same period to stand at $83.82B as of press time.
Bitcoin Price Review
Bitcoin, $BTC, failed to post gains in today’s session, as can be seen from its price movements. Taking a closer look, we observe that the price of Bitcoin saw the 100-hour SMA (yellow line) cross above the 200-hour SMA (green line), indicating a bullish signal. However, the price is trading below the 50-hour SMA (red line), indicating some resistance at this level.
On the other hand, the Awesome Oscillator shows an increase in green bars, suggesting growing bullish momentum. At press time, Bitcoin trades at $67,277, indicating a 0.52% increase over the last 24 hours.
Ethereum Price Review
Ethereum, $ETH, failed to post gains in today’s session, as can be seen from its price movements. Taking a closer look, we observe that Ethereum is showing a downtrend as it trades below the 20-period Bollinger Band SMA and is capped by the upper Bollinger Band. The price of Ethereum has crossed below the 20-period SMA, indicating bearish momentum.
On the other hand, the Money Flow Index (MFI) is at 57.01, showing moderate buying pressure but also potential for a downturn as it trends downwards. At press time, Ethereum trades at $2,549, indicating a 2.37% decrease over the last 24 hours.
Safe Price Review
Safe, $SAFE, is among the gainers in today’s session as can be seen from its price movements. Taking a closer look, we observe that a sharp upward spike is noticeable, which suggests a sudden increase in buying interest. The price of Safe has moved sharply above the Ichimoku cloud.
On the other hand, the Average Directional Index (ADX) is high at 39.29, indicating a very strong trend, which is confirmed by the recent price spike. At press time, Safe trades at $1.75, indicating a 73.91% decrease over the last 24 hours.
Popcat Price Review
Popcat, $POPCAT, is also among the gainers in today’s session as can be seen from its price movements. Taking a closer look, we observe that Popcat has been trending upwards, as indicated by its price movement above the Supertrend line and the Ichimoku cloud. The Popcat price has maintained a position above the cloud, affirming the bullish trend.
On the other hand, the Awesome Oscillator shows increasing bullish momentum with a sequence of green bars increasing in height. At press time, Popcat trades at $1.62, indicating a 18.36% increase over the last 24 hours.
Cat in a dogs world Price Review
Cat in a dogs world, $MEW, is also among the gainers in today’s session as can be seen from its price movements. Taking a closer look, we observe that After a period of consolidation, MEW shows signs of a bullish breakout with the price moving above the Alligator indicator lines. The Cat in a dogs world price has recently crossed above all three moving average lines of the Alligator indicator, suggesting a potential continuation of the bullish trend.
On the other hand, the MACD (Moving Average Convergence Divergence) displays increasing bullish momentum as the MACD line crosses above the signal line and both ascend sharply. At press time, Cat in a dogs trades at $0.01036, indicating a 13.72% increase over the last 24 hours.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- It’s crypto shopping season as Q4 is underway and the markets look ready for an insanely bullish quarter ahead!
- Oct 24, 2024 at 07:55 pm
- Find out why Ripple and Toncoin holders are so optimistic, and why the crypto casino Rollblock ($RBLK) will likely explode in a blow-off top of epic 100x proportions…
-
- Bitcoin Whales Reach Three-Year High, Accumulate 173,000 BTC in a Month
- Oct 24, 2024 at 07:55 pm
- Bitcoin whales—wallets holding 1,000 or more BTC—have been on the rise this year. The rising population has fueled speculation that Bitcoin is preparing to break free from its recent price doldrums and possibly hit a new all-time high.