Daily Market Review: KAS, WLD, AR, FIL, HBAR

Daily Market Review: KAS, WLD, AR, FIL, HBAR

Bulls still have an edge on the market as the stood at $1.98 as of press time representing a 1.46% increase from its previous 24 hour one while the global trading volume also jumped by by 17% to $67.6B as of press time.

Kaspa Price Review

Kaspa (KAS) has emerged as a top gainer today as the chart shows a general uptrend with higher lows and higher highs, indicating bullish sentiment on the Kaspa price. The CCI is fluctuating around the zero line, with recent readings above it, which typically suggests upward momentum.

On the other hand, the Awesome Oscillator (AO) histogram is above the zero line and has been green recently, which supports the bullish momentum indicated by the CCI. The Kaspa price stood at $0.18 at press time representing a 11.3% prump in the last 24 hours.

KAS 3-hour chart | Source: TradingView

Worldcoin Price Review

This chart also shows a strong uptrend, with the Worldcoin price (WLD) consistently forming higher highs and higher lows. The Worldcoin price is trading near the upper Bollinger Band, which could indicate the market is in an overbought condition. However, in a strong trend, the Worldcoinprice can ride the band for extended periods.

On the flip side, the MACD line is above the signal line and the zero line, reinforcing the bullish trend. The histogram is positive, which indicates strong buying pressure. The Worldcoin price stood at $7.33 at press time representing a 22% prump in the last 24 hours.

WLD 3-hour chart | Source: TradingView

Arweave Price Review

The Arweave price (AR) has been trending upwards with significant gains to also emerge among the top gainers. The price is above the SuperTrend line, which is green, indicating a continued bullish trend. However, the MFI is at 84.77, which is in the overbought territory, suggesting that the Arweave price might see a pullback or consolidation soon.

The Arweave price stood at $15.1 at press time representing a 23% prump in the last 24 hours. AR’s trading volume stood at $92 million after pumping 150% over the same period.

AR 3-hour chart | Source: TradingView

Filecoin Price Review

Additionally, the shows a bullish trend, making higher highs and lows. The jaws, teeth, and lips of the Alligator are well spread out, indicating a strong trend. The Filecoin price is above all three lines, confirming the uptrend.

Additionally, the volume oscillator shows increasing volume on up bars, suggesting that there is buying interest at higher prices. The Filecoin price stood at $7.24 at press time representing a 15.3% prump in the last 24 hours.

FIL 3-hour chart | Source: TradingView

Hedera Price Review

Hedera (HBAR) appears as our last gainer today. There is a clear uptrend with the Hedera price moving sharply upwards recently. The Average Directional Index (ADX) line is at 52.26, which indicates a very strong trend. The trend is likely to continue given the ADX value is above 25.

Additionally, the Awesome Oscillator (AO) is showing a green histogram above the zero line, which indicates bullish momentum. The Hedera price stood at $0.102 at press time representing a 16.5% prump in the last 24 hours.

HBAR 3-hour chart | Source: TradingView

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