Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and Tron (TRX) Price Analysis and Review

The bulls seem to have taken control in today's session, as seen from its price movements. The total cap stood at $2.27T as of press time

Cryptocurrency prices remained largely flat on Friday morning, with Bitcoin and Ethereum prices showing slight gains. The total crypto market cap today stood at $2.27 trillion, with trading volume at $36.35 billion in the last 24 hours, down 38.9%.

Bitcoin Price Today

Bitcoin (BTC) showed slight gains on Friday morning, with prices rising marginally. An in-depth analysis of the BTC price chart shows that the apex coin is currently trading below the supertrend line, indicating a bearish trend.

Moreover, the Bitcoin price is also below the Ichimoku cloud, further confirming the bearish trend. On the other hand, the Woodie CCI is seen hovering around the zero line, indicating a lack of strong momentum in either direction.

At press time, BTC price is trading at $61,612, with a 1.1% price increase over the last 24 hours.

Ethereum Price Today

Among the gainers on Friday morning was Ethereum (ETH), with prices showing a slight uptick. An in-depth analysis of the ETH price chart shows that the coin is trading within the upper and middle bands, indicating some level of bullish sentiment but not strongly so.

Moreover, the Ethereum price is above the shorter moving average but below the longer one, indicating mixed signals. On the other hand, the Money Flow Index (MFI) is just below the middle line (50), suggesting a balance between buying and selling pressures.

At press time, ETH price is trading at $3,406, with a 0.72% price increase over the last 24 hours.

Solana Price Today

Solana (SOL) also showed gains on Friday morning, with prices showing a slight uptick. An in-depth analysis of the SOL price chart shows that the coin is currently trading above all three lines of the Alligator, indicating potential bullish momentum.

Moreover, the Money Flow Index (MFI) is above 50, suggesting that buying pressure is currently stronger than selling pressure. At press time, Solana price is trading at $143.8, with a 1.4% price increase over the last 24 hours.

Dogecoin Price Today

Cryptocurrency prices remained largely flat on Friday morning, with Bitcoin and Ethereum prices showing slight gains. The total crypto market cap today stood at $2.27 trillion.

As its price movements show, Dogecoin (DOGE) is also among the gainers in today’s session. An in-depth analysis of its price chart shows that the coin is just breaking out of the Ichimoku cloud, potentially indicating a shift from bearish to bullish sentiment.

However, the Volume Oscillator is indicating a decrease in buying pressure as prices move higher. On the other hand, the Volume Oscillator is also indicating that volume has decreased during recent price movements, which could signal weakening momentum.

At press time, DOGE price is trading at $0.1227, with a 0.19% price increase over the last 24 hours.

Tron Price Today

Tron (TRX) prices also showed gains on Friday morning, with prices rising marginally. An in-depth analysis of the TRX price chart shows that the coin is displaying a falling wedge pattern on the chart, which usually indicates that a breakout might be expected soon, and in such cases, it is often towards the upper trendline, indicating a potential bullish reversal.

On the other hand, the Awesome Oscillator (AO) is showing increasing green bars, indicating growing bullish momentum. At press time, Tron price is trading at $0.125, with a 0.65% price increase over the last 24 hours.

The above is the detailed content of Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and Tron (TRX) Price Analysis and Review. For more information, please follow other related articles on the PHP Chinese website!