In today's session, the global market cap for cryptocurrencies has increased slightly, reaching $3.23 trillion. The trading volume, however, has decreased by 5% to $224.73 billion. Bitcoin has experienced minor gains and is currently testing resistance at $94,105.10. The trend for Bitcoin has been bearish, but there are signs of a potential reversal. Ethereum has also seen small gains and is consolidating near the Bollinger Band middle line. Zcash is among the top gainers and is testing the upper boundary of the Ichimoku cloud, but caution is advised as the Relative Strength Index suggests potential overbought conditions. Celestia and Algorand are also top gainers, with Celestia showing a bullish trend and Algorand indicating a bearish trend with the potential for a pullback.
- Content Editor ( blockchainreporter.net )
- 2024-11-27
Daily Market Review: BTC, ETH, ZEC, TIA, ALGO