Bitcoin

Ethereum

Algorand

MANTRA

Flare

<p>The bulls are in control of today’s session, as seen from the increase in the global market cap. The total cap stood at $3.04T as of press time, representing a 3.31% increase over the last 24 hours, while the trading volume dropped by 14% over the same period to stand at $203.1B as of press time.</p><h2 id="header-0">Bitcoin Price Review</h2><p><a href="https://blockchainreporter.net/wp-content/uploads/2023/12/bitcoin-dollar-usd.webp" rel="noopener noreferrer nofollow">Bitcoin</a>, $BTC, has posted gains in today’s session, as seen from its price movements. Looking at an in-depth analysis, the Supertrend Indicator is bullish, as indicated by the green zone below the price action, supporting the current upward momentum.</p><p>On the other hand, we see that the Relative Strength Index (RSI) is around 60.86, suggesting a bullish momentum but not yet overbought. It indicates the possibility of further upward movement. Bitcoin traded at $91,289 as of press time, representing a 2.31% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdbs6d6aULUAYawfrvYPMvmvadZ7SOFpoiSUkjaHU0cefC1laUgAtL4-ihOSN1TMlhAeBhA-hF_dkr2Shgo7pvXtxlq9TtGnvs1dYv4OW1wsxYBRu_l8NKBbBCup1_4A0oYWdDvUw?key&#61;vD4gMXHjV0gqC6WBJuP14iPG" /><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/ethereum-price-predictions-2023-2031/" rel="noopener noreferrer nofollow">Ethereum</a> , $ETH, is also among the gainers in today’s session, as seen from its price movements. In-depth analysis shows that the Bollinger Bands suggest decreased volatility, with the price consolidating near the midline.</p><p>On the other hand, we see that the Money Flow Index (MFI) at 37.66 indicates that Ethereum is in the accumulation phase and might have room to rally. Ethereum traded at $3,120 as of press time, representing a 0.75% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc9vsBGCwBt-KZ3QzademoO_uYDbKPrxQXovmgHkFCg7NJxgi7PK7rffdKIrdNsW2Z5YKH7x6oQYsOhncRpGgeUH9PDBaYeD0kPf05Ub276s5vmSyXap9m0cdPT6iX77CBCmLRDdA?key&#61;vD4gMXHjV0gqC6WBJuP14iPG" /><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">Mantra Price Review</h2><p>Mantra, $OM, 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 OM is trading well above the 50, 100, and 200 SMAs, indicating a bullish trend.</p><p>On the other hand, we see that the ADX (Average Directional Index) is at 40.60 confirms a strong trend, but it might start consolidating if ADX declines further. Mantra traded at $2.238 as of press time, representing a 41.89% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfwvBuSPAe7CUQl3bQlqYYwzGopUC-Cc-iErW_IGE5ia8YUdRgThFoHocuQmziL9_Si2hRyirsHdKIldaj7y2tfKuTdVQazlSBD9H4GYxzLx0mJ_PFU2y3BD3vdZJzC9OPmvRI29A?key&#61;vD4gMXHjV0gqC6WBJuP14iPG" />4-hour OM/USD Chart | Source: TradingView</p><h2 id="header-3">Algorand Price Review</h2><p>Algorand, $ALGO, 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 ALGO is trading well above the cloud, confirming a bullish breakout.</p><p>On the other hand, we see that the Volume Oscillator the increase in volume supports the recent price surge, indicating strong buying interest. Algorand traded at $0.2068 as of press time, representing a 29.16% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdmprWgq5VFxS_l7FCLB9zZOMdYXAXm-pCIGxSTM1sM0M6UE6N_j_JK37Q9baQB8f0C6lrE2jRk5IHefMfiqtEv3IrI6pvXnQQIQv_nTb_0_Z3Oj6H6HorfAEzEiVXRm7qEP4rN2w?key&#61;vD4gMXHjV0gqC6WBJuP14iPG" /><a href="https://www.tradingview.com/symbols/ALGOUSD/" rel="noopener noreferrer nofollow">4-hour ALGO/USD Chart | Source: TradingView</a></p><h2 id="header-4">Flare Price Review</h2><p>Flare, $FLR, 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 Alligator Indicator signals a bullish crossover, as the lines are fanning out and aligned upwards.</p><p>On the other hand, we see that the Awesome Oscillator (AO): Positive and increasing, confirming upward momentum. Flare traded at $0.2047 as of press time, representing a 28.39% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXefNneynctTrLODsv9x75Q5RjCxSta5lsAiJuzaAq1FV-sD9IGNnP9LXcbxMZoP9vaMEmxGQwoKK8gpbxnAPZ1qbdX1A2D1CUb0eTKOdpX2eQ3zxElDFA7fp0XKcrWJk8gwy-oBGA?key&#61;vD4gMXHjV0gqC6WBJuP14iPG" /><a href="https://www.tradingview.com/symbols/FLRUSD/" rel="noopener noreferrer nofollow">4-hour FLR/USD Chart | Source: TradingView</a></p>

Daily Market Review: BTC, ETH, MANTRA, ALGO, FLR

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