In today's session, the global crypto market cap has decreased by 3.93% while the trading volume has increased by 12.69%.
Bitcoin has seen minor gains and is currently trading above the 100 and 200 SMA, with the price near the 50 SMA, indicating a potential continuation of the bullish trend. The ADX is at 32.45, indicating a relatively strong trend.
Ethereum is experiencing indecisiveness in the market, as indicated by entangled Alligator's lines. The Money Flow Index suggests that the market may be nearing a point where buying pressure could return, potentially signaling a reversal.
Kaspa is trading below significant moving averages, indicating a bearish sentiment. The Awesome Oscillator shows mixed red and green bars, suggesting ongoing bearish momentum with signs of slowing.
Raydium has recently had a pullback from the upper Bollinger Band, indicating potential consolidation. The RSI suggests neutral momentum.
Celestia is currently under bearish control as indicated by the Supertrend. The ADX shows moderate trend strength.
Overall, the market is experiencing a mix of bullish and bearish movements, with some coins posting minor gains while others are seeing decreases in price.
Tether shifts focus to European, Middle Eastern and African markets in the face of US legal troubles