Daily Market Review: BTC, ETH, FARTCOIN, TRUMP, AAVE

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.

AD 4nXerKeQCOvqBPpSv6nSgVpxaoF5zIWE7YNPuXH7QSRq5ntlqrvVkNC2mD E9 xN2uKEuDTkAnZ4qI2hwgkjKAO4HKCFY3ddMAV9cBKHd0EIqf R5brbNy09w4-hour BTC|USD Chart | Source: TradingView## 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.

AD 4nXfNRRLg guQw0pzdND3 sRjnVRwSKPv7oqVdS8sk5BDq9M8Wr4-hour ETH|USD Chart | Source: TradingView## 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.

AD 4nXe3OCPCQGhnac2xYUDCAR4twEiBHNTmB5mwiCORCJHKYHm1l5zJxDskx01HZkEe6dG6hNVy2pLcXQYcBOFp42SsVlSXAQ79jrLYMHiW4vgiaSY4-hour FARTCOIN|USD Chart | Source: TradingView## 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.

AD 4nXfISxWQhxNRu3NmTk6DDl4E4cUDhome2Vv5tbyzkQA5 9yGDFN ibngV85ZajgnE1yO0sR15UGTTamq8t5o1 AWxGY5prLrJMkY6ejn4-hour TRUMP|USDT Chart | Source: TradingView## 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.

AD 4nXdYEB3ptxEpf2RSdLidZ0MwHTPfnzGXpSx f8m7FdRiI3TucgQzGtnWTJDSw1LQBKui0xEWY4J7YvlkNkJurIENrHMZTScMWmIXjVTFaG0a1YhgKB3JhjJjP7wjrl4-hour AAVE|USDT Chart | Source: TradingView

The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • 1
  • Share
Comment
0/400
PiPioneerBitUnclevip
· 01-20 13:44
All in All in 🙌
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)