Daily Price Review: BTC, ETH, EOS, HYPE, MKR

The bull are in total control in today’s session, as seen from the increase in the global market cap. The total cap stood at $2.73T as of press time, representing a 0.27% increase over the last 24 hours, while the trading volume dropped by 6.95% over the same period to stand at $69.52B as of press time.

Bitcoin Price Review

Bitcoin, $BTC , has posted small gains in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that the Bitcoin price is near the upper band, signaling potential overbought conditions. A pullback could occur if it fails to break above the resistance.

On the other hand, we see that the ADX is at 14.34, indicating weak trend strength, and the market may remain in a range. Bitcoin traded at $83,425 as of press time, representing a 0.21% increase over the last 24 hours.

Ethereum Price Review

Ethereum, $ETH , is also a gainer in today’s session also evidenced by its price movements. Looking at an in-depth analysis, we see that the Ethereum price is above the cloud, suggesting a bullish outlook. However, the price has been trapped near the cloud’s edge, indicating indecision.

On the other hand, we see that the volume oscillator shows a significant negative divergence, suggesting a weakening bullish momentum. Ethereum traded at $1,940 as of press time, representing a 1.7% increase over the last 24 hours.

EOS Price Review

EOS, $EOS, 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 EOS is at $0.5858 and has recently experienced a sharp price spike. The price tested the $0.5858 level but is now showing signs of reversal. The price is trading below the 50, 100, and 200-SMA, which suggests a bearish trend.

On the other hand, we see that the volume oscillator shows a strong increase, indicating high market activity, which might be due to the recent surge in price. EOS traded at $0.5805 as of press time, representing a 17.47% increase over the last 24 hours.

Hyperliquid Price Review

Hyperliquid, $HYPE, 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 lines (blue, red, and green) are showing a narrow range, suggesting indecision in the market. There is no clear trend direction.

On the other hand, we see that the Awesome Oscillator (AO) is in positive territory (0.2783), indicating bullish momentum, but this could be weak as the market consolidates. Hyperliquid traded at $14.38 as of press time, representing a 7.65% increase over the last 24 hours.

Maker Price Review

Maker, $MKR, 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 Supertrend indicator is showing a bullish signal, with a green trend line suggesting upward momentum.

On the other hand, we see that the RSI is at 59.77, suggesting the asset is nearing overbought territory but is still in bullish conditions. Maker traded at $1,272 as of press time, representing a 3.86% increase over the last 24 hours.