Bitcoin

Ethereum

Beam

Injective

Akash Network

<p>The bears are still in control in today’s session, as seen from the decrease in the global market cap. The total cap stood at $2.12T as of press time, representing a 0.95% increase over the last 24 hours, while the trading volume dropped by 31% over the same period to stand at $65B as of press time.</p><h2 id="header-0">Bitcoin Price Review</h2><p><a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/" rel="noopener noreferrer nofollow">Bitcoin, $BTC</a>, is still keeping up its pump in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that the Bitcoin price is currently trading near the upper Bollinger Band, indicating bullish momentum. The bands are slightly widening, suggesting increased volatility.</p><p>On the other hand, we see that the ADX (Average Directional Index) has a reading of 26.69, the trend is moderately strong. If the ADX increases, it would confirm a strengthening trend. The Bitcoin price was at $61,150 as of press time, representing a 0.84% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfPgN_SmYLXG7D-avzScxf92yNjgqO0OfhsPDCxgUYK9w9B-nW56siT4MmEnG6jZMVxO6rhVu_sbjVBP2I7naqOsq4DMOH2Jjvi0LkvL1VE9A1fpeHlB9ZpeIHkWQkpuaU64-8hGhuser9ikndDKPx5e2E?key&#61;kgqGkZ07ZXkG7WOlQiwQgA" /><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>, is also pumping in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that the Alligator lines (Jaw, Teeth, and Lips) are slightly entangled, indicating a period of consolidation with a slight bullish bias as the lines start to spread out.</p><p>On the other hand, we see that the Woodies CCI (Commodity Channel Index): The CCI is in the overbought zone (above 100), suggesting that the asset is currently overextended and might face a pullback. Ethereum traded at $2,668 as of press time, representing a 1.38% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXewzBKwraxqtXQyJEQua9OUYrB1ecpixh0A6nDEWP3IDsS4dlCvQf9lu4aRed6Rz9u9V6QYb2X6UlsETwxpvi4qSohzqrKXRKO2MK7EygD3roaGi0zdiL2YfNCnzEQGtSva9R_aDl-N3WGrAWVQl9qGFf8?key&#61;kgqGkZ07ZXkG7WOlQiwQgA" /><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">BeamX Price Review</h2><p>Beam, $BEAM is also among the gainers in today’s session as seen from its price movements. Looking at an in-depth analysis, we see that the BeamX price is trading within the Ichimoku Cloud, indicating a neutral trend. However, it is approaching the upper edge of the cloud, which could act as resistance.</p><p>On the other hand, we see that the MFI (Money Flow Index) is at 73.11, which is close to the overbought territory (above 80), suggesting that a potential reversal could occur if the MFI continues to rise. Beam traded at $0.01472 as of press time, representing a 15.8% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfASceqXYgCX2E9sSSE_90oXgaDCoTRBTee5o2lW2x5yDNMiugXwVzAOPjDKBszWU0Wi0hHDFAWZuqLP2RIuAuyui-tjEE_Mf6F8Q97hpXXPfR7bx2CzTdMMLHo7VD7ciCrPqHVhBOIJFPPBnVyNa09ROk?key&#61;kgqGkZ07ZXkG7WOlQiwQgA" /><a href="https://www.tradingview.com/symbols/BEAMUSDT/" rel="noopener noreferrer nofollow">4-hour BEAM/USDT Chart | Source: TradingView</a></p><h2 id="header-3">Akash Network Price Review</h2><p>Akash Network, $AKT, is also among the gainers in today’s session as seen from its price movements. Looking at an in-depth analysis, we see that the Akash Network price has crossed above the Supertrend line, signaling a buy trend. The green Supertrend line below the current price indicates support.</p><p>On the other hand, we see that the Volume Oscillator shows a positive value, suggesting increasing buying pressure, which supports the recent bullish move. Akash Network traded at $2.94 as of press time, representing a 15.41% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfOHfbe5hCiHtapOtLDt126nKBdnfrt-qRvZIW8vppIdk-0y0i-gu8fsgU6M-T4t-x_1UvtBorIn1j_1TcPz4zb_NlIc_iHL9KdkhmJ_Me66iMKlREurJRB6uJPDs4WxcO8BoaP14F-9yrb6I_kh6hJz_8?key&#61;kgqGkZ07ZXkG7WOlQiwQgA" /><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">Injective Price Review</h2><p>Injective, $INJ. Is also among the gainers in today’s session as seen from its price movements. Looking at an in-depth analysis, we see that the Injective price is following the upward Pitchfork channel, which indicates a strong bullish trend. The price is currently near the middle line, suggesting a stable upward trajectory.</p><p>On the other hand, we see that the AO (Awesome Oscillator) is positive and showing green bars, which confirms the bullish momentum. Injective traded at $19.24 as of press time, representing a 8% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdJke9maxrKU4kFS2pnXHe9Eq215G9Mf5i4FDXxxCfLdzK0gEIZAEx6r94EvA_uNUjK3tvoQ4Pqr0k55F33nQ-I-5wNCkeoah24pd8EyuXAWQpvro4D0XYgF8QAjsbX3LC9c3I7u7Ty4DmSPNEr2PxLezvs?key&#61;kgqGkZ07ZXkG7WOlQiwQgA" /><a href="https://www.tradingview.com/symbols/INJUSDT/" rel="noopener noreferrer nofollow">4-hour INJ/USD Chart | Source: TradingView</a></p>

Daily Market Review: BTC, ETH, INJ, AKT, BEAM

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