Daily Market Review: BTC, ETH, XRP, SUI, WLD

The bulls are still in control in today’s session, as seen from the increase in the global market cap. The total cap stood at $2.32T as of press time, representing a 0.76% increase over the last 24 hours, while the trading volume also jumped by 48.14% over the same period to stand at $88.5B as of press time.

Bitcoin Price Review

Bitcoin $BTC is among the gainers in today’s session, as seen from its price movements. An in-depth chart analysis of the Bitcoin price is currently at the upper band, indicating a potential overbought condition. The bands are widening, suggesting increased volatility.

On the other hand, the Awesome Oscillator (AO) is above the zero line, showing positive momentum. As of press time, Bitcoin traded at $64,952, representing a 1.74% increase over the last 24 hours.

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Ethereum Price Review

Ethereum (ETH) is another gainer in today’s session as seen from its price movements. An in-depth analysis shows that the Alligator’s jaw, teeth, and lips are all aligned in a bullish direction, indicating an uptrend. The lines are diverging, suggesting the trend is strong.

On the other hand, the Awesome Oscillator (AO) is above the zero line with green bars, indicating bullish momentum. Ethereum traded at $3,474 as of press time, representing a 2.53% increase over the last 24 hours.

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Ripple Price Review

As seen from its price movements, Ripple (XRP) is another gainer in today’s session. Looking at an in-depth analysis, the Supertrend indicator is green, showing a buy signal. The Ripple price is above the Supertrend line, supporting the bullish sentiment.

On the other hand, the Money Flow Index (MFI) is above 70, indicating overbought conditions. As of press time, Ripple traded at $0.5819, representing an 8.79% increase over the last 24 hours.

AD 4nXcP1UTjZT0u05rVOg29rSk3pPsAkLTIAPazieIO — 4-hour XRP/USD Chart | Source: TradingView

Sui Price Review

As the price movements show, Sui (SUI) is among today’s session’s gainers. An in-depth analysis shows that the Sui price is above the Ichimoku cloud, indicating a bullish trend. The cloud ahead is also bullish, supporting the continuation of the uptrend.

On the other hand, the Relative Strength Index (RSI) is above 70, suggesting overbought conditions. Sui traded at $0.878 as of press time, representing a 7.38% increase over the last 24 hours.

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Worldcoin Price Review

Worldcoin (WLD) is also among the gainers in today’s session, as seen from the price movements. An in-depth analysis shows that the Worldcoin price is moving within the Pitchfork channel, suggesting a defined trend. The Worldcoin price is near the upper median line, indicating potential resistance.

On the other hand, we see that the Woodies CCI is above 100, indicating strong bullish momentum. Worldcoin traded at $2.75 as of press time, representing a 23.97% increase over the last 24 hours.