The global cryptocurrency market cap has increased by 2.14% in the last 24 hours, reaching $2.29 trillion. Bitcoin (BTC) has shown positive price movements and is potentially in a bullish reversal, trading near the middle band of the Bollinger Bands. Ethereum (ETH), on the other hand, has been in a bearish trend, although recent candles show consolidation around support. MOG Coin (MOG) and Dogecoin (DOGE) have both gained in today's session, with MOG attempting to break out above the Ichimoku Cloud and DOGE showing bullish momentum above the 50-day SMA. Shiba Inu (SHIB) has also seen gains, with a potential upward movement indicated by the Supertrend indicator. However, the trend strength for all mentioned cryptocurrencies is relatively weak, suggesting limited momentum in either direction unless there is a breakout.
- Content Editor ( blockchainreporter.net )
- 2024-11-05
Daily Market Review: BTC, ETH, MOG, DOGE, SHIB