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Daily Analysis: BTC, ETH, APT, FLOW, CRV

source-logo  blockchainreporter.net 25 September 2023 09:33, UTC

Markets are again riding on the slight bear activity today, with the global market cap sitting 0.14% below its previous 24-hour mark, as the total cap still stands at $1.05T as of press time. The fear and greed index is still at 39 as the weekend saw a rather dormant market.

Bitcoin price analysis

Bitcoin (BTC) has started on bear activity, as Bitcoin price stood at $26.07K as of press time after recording a daily decrease of 1.8%, and a weekly rise now stands at 2.2%. As a result of the Bitcoin price, the token’s trade volume jumped by 56% during the same period and is presently at $10.3B.

The Bollinger bands are still moving at a close distance, showing stable volatility levels on Bitcoin Price as the Relative Strength Index (RSI) moves below the average line as bears take effect.The MACD moves in the green zone as it moves towards the red zone, showing some bear effects on Bitcoin price.

BTC 1-day chart | Source: TradingView

Ethereum price analysis

Ethereum (ETH) has also encountered slight bear activity, as Ethereum price stood at $1575 after recording a daily decrease of 1.06%, and the weekly drop now stands at 3.4%. ETH’s trade volume jumped by 103% during the same period and is presently at $3.9B.

The Bollinger bands are now slightly diverging, showing increasing volatility levels on Ethereum Price. The Relative Strength Index (RSI) is below the average line, as bears now strive for dominate Ethereum price while the MACD moves in the green zone, as it approaches a shift to the redzone.

ETH 1-day chart | Source: Tradingview

Aptos price analysis

Aptos (APT) has started on bull activity, as Aptos price stood at $5.46 after recording a daily increase of 6.5%, and the weekly rise now stands at 3.32%. APT’s trade volume jumped by 888% during the same period and is presently at $425M.

The Bollinger bands are now close to each other, showing low volatility levels on Aptos Price. The Relative Strength Index (RSI) is above the average line, as bulls now dominate while the MACD moves in the green zone showing bull action on Aptos price.

APT 1-day chart | Source: Tradingview

Flow price analysis

Flow (FLOW) has started on bull activity, as Flow price stood at $0.4527 after recording a daily increase of 2.1%, and the weekly rise now stands at 0.46%. Flow’s trade volume jumped by 80% during the same period and is presently at $30.7M.

The Bollinger bands are now close to each other, showing low volatility levels on Flow Price. The Relative Strength Index (RSI) is above the average line, as bulls noiw dominate while the MACD moves in the green zone showing bull action on Flow price.

FLOW 1-day chart | Source: Tradingview

Curve DAO Token price analysis

Curve DAO Token (CRV) has started on bull activity, as Curve DAO Token price stood at $0.4527 after recording a daily increase of 7.9%, and the weekly rise now stands at 16.4%. CRV’s trade volume jumped by 375% during the same period and is presently at $147.2M.

The Bollinger bands are now diverging, showing rising volatility levels on Curve DAO Token Price. The Relative Strength Index (RSI) is above the average line, as bulls now dominate while the MACD moves in the green zone showing bull action on Curve DAO Token price.

CRV 1-day chart | Source: Tradingview
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