Bitcoin

Ethereum

BitTorrent

Akash Network

Brett (Arbitrum)

<p>The bulls are gaining in control in today’s session, as seen from the increase in the global market cap. The total cap stood at $1.97T as of press time, representing a 5% increase over the last 24 hours, while the trading volume jumped by 35.9% over the same period to stand at $195.3B as of press time.</p><h2 id="header-0">Bitcoin Price Review</h2><p><a href="https://blockchainreporter.net/bitcoin-price-prediction-2021-btig-hopeful-it-could-hit-50000/" rel="noopener noreferrer nofollow">Bitcoin, $BTC</a>, has pumped massivelyy in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that the Bitcoin price is moving within the lower half of the Bollinger Bands, indicating a bearish trend. The bands are widening, suggesting increased volatility.</p><p>On the other hand, we see that the ADX value is 53.61, indicating a strong trend. Since the trend has been downward, this points to strong bearish momentum. Bitcoin traded at $55,985 as of press time, representing a 10.39% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXemFBZ2TH4NgkSzePi1FGfyNSijz3QeheEwgXjeTJ-lGN1UBv0CkKSXfTtHwY5WCB7VdqgpwC4Dm0oo-tGuHxzc2-rDUYJVc1qjtxRufAR89U3k0XXd6mUe_T5pB0lqVVVOEdkF4L-l2MULCgtVPIBXpHNV?key&#61;wuegQGS47PUnLMViQUHtAg" /><a href="https://www.tradingview.com/symbols/BTCUSD/" rel="noopener noreferrer nofollow">4-hour BTC/USD Chart | Source: TradingView</a></p><h2 id="header-1">Ethereum Price Review</h2><p><a href="https://blockchainreporter.net/price-prediction/ethereum-price-prediction/" rel="noopener noreferrer nofollow">Ethereum, $ETH</a>, has also seen a tremendous surge in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the Ethereum price is in a downtrend but shows signs of consolidation and potential reversal after reaching a low around $2,500. The lines are wide apart, indicating a strong trend. The price is attempting to cross above the Lips (green line), suggesting a possible trend change.</p><p>On the other hand, we see that the ADX value is 56.85, signifying a strong trend. Given the recent downtrend, this reflects strong bearish momentum but a potential reversal is indicated by the Alligator lines converging. Ethereum traded at $2,527 as of press time, representing a 15.33% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdy5OuTXcuYGpg3qmpBmx-RRTzZo39_tsm6-smDjtbxByjrncg_ccy6P49oAPQhSkr_VgarRaeg_r0xtGHMk3p_MscQqtQufb1xywo5juD2WJr2BBFTpEFOGESWOyYnAQCKrtKWDD1lbYfSYcn2ohdZML-d?key&#61;wuegQGS47PUnLMViQUHtAg" /><a href="https://www.tradingview.com/symbols/ETHUSD/" rel="noopener noreferrer nofollow">4-hour ETH/USD Chart | Source: TradingView</a></p><h2 id="header-2">BitTorrent Price Review</h2><p>BitTorrent, $BTT, is also among the top gainers in today’s session as seen from its price movements. Looking at an in-depth analysis, we see that the BitTorrent price has been in a downtrend but has recently shown a strong upward movement. The indicator is bearish (red line above the price), but the price is approaching the Supertrend line, which could signal a reversal if the price crosses above it.</p><p>On the other hand, we see that the Volume Oscillator is negative at -23.60%, indicating decreasing volume during the recent upward move, which may question the strength of this move. BitTorrent traded at $0.067276 as of press time, representing a 11.55% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd4L_O4AICHqlIRQsgipkpWnbATTE2Dz2dAbEx-kJJ64H0okaUtrRWAthQrwZ5JYpBo9hDNwrrD8D7xnzknYWZCBOL0z5wObwBRgBew7Sz1JAxmv0ymzNUfvNK9h8qJ49MsES4mR3c_tMa5e4nB8qy2i2EJ?key&#61;wuegQGS47PUnLMViQUHtAg" /><a href="https://www.tradingview.com/symbols/BTTUSDT/" rel="noopener noreferrer nofollow">4-hour BTT/USDT Chart | Source: TradingView</a></p><h2 id="header-3">Akash Network Price Review</h2><p>Aksh Network, $AKT, is also among the top gainers in today’s session as seen from its price movements. Looking at an in-depth analysis, the Akash Network price has been in a downtrend but is currently experiencing a strong upward move. The price has crossed above the Tenkan-sen and Kijun-sen lines, indicating a potential bullish reversal. The Lagging Span is yet to confirm this move.</p><p>On the other hand, we see that the MFI is at 53.80, suggesting moderate buying pressure. It’s neither overbought nor oversold. Akash Network traded at $2.68 as of press time, representing a 42.81% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcbM0vSo9R6aI-l0iks-mAd0IUdwD7cbehE0GXj7Z0yAaZ2dYpgRy-CNLBiooS7TQoDLPpIoZRa6ut3BHpxKhZQpx7pnWO6elorpl5ym410yM0ipDN9fLYKHq43aFu-XS24uzo_m6w7r-1Ws0YNTOASDkKk?key&#61;wuegQGS47PUnLMViQUHtAg" /><a href="https://www.tradingview.com/symbols/AKTUSDT/" rel="noopener noreferrer nofollow">4-hour AKT/USD Chart | Source: TradingView</a></p><h2 id="header-4">Brett Price Review</h2><p>Brett, $BRETT, is also among the top gainers in today’s session as seen from its price movements. Looking at an in-depth analysis, the Brett price has been in a downtrend but has recently rebounded. The Brett price is approaching the middle line of the Pitchfork channel, which could act as resistance.</p><p>On the other hand, we see that the Woodies CCI is positive at 129.87, suggesting strong bullish momentum. Brett traded at $0.0974 as of press time, representing a 43.7% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeWmG4aYVxgGcYNfuIGVTxO8NWU3XE50GVKclHq6aOIbCLZVn78oV3rO7Slk-9AYZs-ipg2YjWtLE15jDTcAdK1mf8V-s_VMJDNC8hMkWEyIITjzV6HFwY_7COCvCzQPA8me9ZjruvhSJQzQR_5b_w2IsX_?key&#61;wuegQGS47PUnLMViQUHtAg" /><a href="https://www.tradingview.com/symbols/BRETTUSDT/" rel="noopener noreferrer nofollow">4-hour BRETT/USDT Chart | Source: TradingView</a></p>

Daily Market Review: BTC, ETH, BTT, AKT, BRETT

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