๐ Bitcoin (BTC) is showing moderate recovery today. At the time of publication, the Bitcoin price was $41,700, representing a 0.7% increase in the last 24 hours and bringing the weekly decline to 2.4%. Bitcoin trading volume for the same period dropped by 56%, totaling $9.8 billion.
๐ In-depth analysis of the 24-hour BTC/USD charts shows bullish dominance. The Relative Strength Index (RSI) indicator is moving north, indicating a bullish momentum for BTC. On the other hand, the Moving Average Convergence Divergence (MACD) indicator is returning to the green zone, showing unsuccessful bearish pressure on the Bitcoin price.
๐ Ethereum (ETH) also demonstrated a slight increase today. At the time of publication, the Ethereum price was $2,477, representing a 0.4% increase in the last 24 hours, with a weekly decline of 2.4%. Trading volume dropped by 52% to $4.6 billion.
๐ In-depth analysis of the ETH/USD charts also shows a struggle between bulls and bears in the ETH markets, as evidenced by the Relative Strength Index (RSI) currently on a northward trajectory, indicating bullish pressure on the Ethereum price. On the other hand, the MACD indicator has shifted to the red zone, also pointing to bearish prospects for the Ethereum price.
๐ Celestia (TIA) also showed a slight increase today. At the time of publication, the Celestia price was $17.4, representing a 0.9% increase in the last 24 hours, with a weekly decline of 10.5%. Trading volume dropped by 69% to $89 million.
๐ In-depth analysis of the TIA/USDT charts indicates a price retracement for Celestia, as evidenced by the Relative Strength Index (RSI) currently on a southward trajectory, indicating bearish pressure on the Celestia price. On the other hand, the MACD indicator is moving in the red zone, confirming bearish prospects for the Celestia price.
๐ Dogecoin (DOGE) is our growth leader today, as the Dogecoin price at the time of publication was $0.08694, representing a 10% increase in the last 24 hours, resulting in a weekly growth of 4.4%. Trading volume surged by 254% to $1.2 billion.
๐ In-depth analysis of the DOGE/USDT charts shows that bulls control the markets. This is evidenced by the Relative Strength Index (RSI), which currently exceeds 50, indicating bullish pressure on the Dogecoin price as the token still has room for overbought conditions. On the other hand, the MACD indicator has shifted to the green zone, confirming bullish prospects for the Dogecoin price.
