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Price Analysis: BTC, ETH, SOL, SHIB, XRP, WIF, AVAX, DOGE, FLOKI, PEPE

Published 03/24/2024, 10:27 PM
Updated 03/24/2024, 10:45 PM
© Reuters.  Price Analysis: BTC, ETH, SOL, SHIB, XRP, WIF, AVAX, DOGE, FLOKI, PEPE
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  • The prices of BTC, ETH, and SOL might go sideways as bulls and bears exhibited a cautious approach.
  • Indicators hinted at another correction for FLOKI, WIF, and AVAX.
  • XRP, DOGE, SHIB, and PEPE were the only ones showing strong bullish signs.

The crypto market experienced a bit of stability on March 23 as prices recovered from the earlier decline. According to CoinMarketCap, the highly volatile environment became less explosive with the total market cap rising by 0.64% and hitting $2.45 trillion.

Coin Edition had reported how the previous swing had caused a lot of liquidations. However, according to Coinglass, the entire liquidation in the market was two times less than what it was compared to the earlier report. But how are prices currently faring?

Bitcoin (BTC)

Bitcoin’s price changed hands around the same value it was 24 hours ago. However, the narrative painted by the Commodity Channel Index (CCI) suggested a period of indecision by both bears and bulls.

The negative reading of the CCI hinted at an underlying bearish dominance. …

The post Price Analysis: BTC, ETH, SOL, SHIB, XRP, WIF, AVAX, DOGE, FLOKI, PEPE appeared first on Coin Edition.

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