Bitcoin

Ethereum

Tezos

Hedera

Akash Network

<p>The bears are in control of today’s session, as seen from the decrease in the global market cap. The total cap stood at $3.08T as of press time, representing a 0.52% decrease over the last 24 hours, while the trading volume jumped by 25.6% 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, $BTC</a>, has failed to post gains in today’s session, as seen from its price movements. Looking at an in-depth analysis, we se that the Bitcoin price is trading above the 50-SMA, 100-SMA, and 200-SMA, indicating a strong bullish trend.</p><p>On the other hand, we see that the MFI is at 46.80, which is near neutral. A move above 50 could signal increasing buying pressure. Bitcoin traded at $91,745 as of press time, representing a 0.1% decrease over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfy7byGG0nei6ojPKD9QHpoOUMxvFGIIbIVRo_dg3RQTTJ1bz9ur6C951P3_dGwXfOBkqG8uSGUrprRDP2b5iF5asYrXSmA3GqehwsAGUyxBtSo16sS6BX5T-JKakG-RAvznbi1mQ?key&#61;NaKX_meeGZ9qdbqisBfKMIl8" /><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, $ETH</a>, is also not among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that Ethereum is ranging within the Bollinger Bands, suggesting consolidation. The midline of the bands is holding as dynamic support.</p><p>On the other hand, we see that the AO shows declining green bars, signaling weakening bullish momentum. Ethereum traded at $3,119 as of press time, representing a 0.07% decrease over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcYjpTcYs47Ju971xNXVnvO-Srfk2cEW6dao_qN5CRHCissc_hfK1VLVXgYBqUYyuJBDSA_cAjyC6JSF4-87lhhszPvU4jXOUn2hIiyfsJqq7EhAtKDPaSj9gUp6vTF9F1QHrKeCg?key&#61;NaKX_meeGZ9qdbqisBfKMIl8" /><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">Tezos Price Review</h2><p>Tezos, XTZ, is among the top gainers in today’s session as seen from its price movements. Looking at an in-depth analysis, we see that Tezos recently saw a sharp upward spike but retraced slightly. The price remains above the Ichimoku Cloud, indicating bullish control.</p><p>On the other hand, we see that the ADX is at 53.17, indicating strong trend momentum. Tezos traded at $31.13 as of press time, representing a 36.59% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeQkV0J7BJkxtM04VZ2k7o_K9STiUOWTQjS89e0qDyypEwaPQhj8b1xN_yeYWxRc2yix7PWqcu5ktWEPv8IJhkKb1duhgeKFWqcyIJbvsb0a0eWHIk_2Nhz9JK7KpG9gPKQbc-bHw?key&#61;NaKX_meeGZ9qdbqisBfKMIl8" /><a href="https://www.tradingview.com/symbols/XTZUSDT/" rel="noopener noreferrer nofollow">4-hour XTZ/USD 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 also seen from its price movements. Looking at an in-depth analysis, we see that Akash Network has been in a strong uptrend, with the Supertrend indicator signaling bullishness (green).</p><p>On the other hand, we see that the RSI is at 70.98, which indicates overbought conditions. A pullback is possible before continuation. Akash Network traded at $4.15 as of press time, representing a 19.81% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfGINuqk7JYtBaFin_rT72N4eKcrO3vMkmRpMXm3y124OZRoezO2d3VsTPIvyhanbOgRuquJCpDiT-jG5PUUgPmdpusMlmUlTQOcuHIsBBBismyFsImGSm4Z6VPgic58Qh2BSgBfQ?key&#61;NaKX_meeGZ9qdbqisBfKMIl8" /><a href="https://www.tradingview.com/symbols/AKTUSD/" rel="noopener noreferrer nofollow">4-hour AKT/USD Chart | Source: TradingView</a></p><h2 id="header-4">Hedera Hashgraph Price Review</h2><p>Hedera, $HBAR, 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 Hedera Hashgraph is in an uptrend, with the Alligator’s jaws wide open, suggesting continued bullish momentum.</p><p>On the other hand, we see that the MFI is at 79.59, indicating overbought conditions. A correction is possible. Hedera traded at $0.1361 as of press time, representing a 17.02% increase over the last 24 hours.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf62rgFBRQeDpWbHz7adbG7YHux-241VPWwBrIgUvluZItjvzXdkaUUKmugLGEKBR6P1MZyn6I70mo6mu_tsj0Rk10uT_vgAnfNeodNYXGrXPyloXyCx3QtZdYcZi-RRScYAmBTFA?key&#61;NaKX_meeGZ9qdbqisBfKMIl8" /><a href="https://www.tradingview.com/symbols/HBARUSD/" rel="noopener noreferrer nofollow">4-hour HBAR/USD Chart | Source: TradingView</a></p>

Daily Market Review: BTC, ETH, XTZ, AKT, HBAR

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