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Markets are on bear activity today, with the global market cap sitting 0.35% below its previous 24-hour mark, as the total cap stands at $1.28T as of press time. The fear and greed index is at 72, as greed now dominates. The global trading volume is 12% up in 24 hours, at $39.7B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on slight bull activity, as Bitcoin price stood at $34.4K as of press time after recording a daily decrease of 0.88% and a weekly rise of 1.9%. As a result of the Bitcoin price, the token’s trade volume dropped by 13% during the same period and is presently at $14.8B.
The Bollinger bands are still far, showing high volatility levels on Bitcoin Price. The Relative Strength Index (RSI) is below the average line in the overbought, showing some bear activity on Bitcoin price despite the rally.
Ethereum price analysis
Ethereum (ETH) has also started on slight bull activity, as Ethereum price stood at $1807 after recording a daily increase of 0.78%, as the weekly rise now stands at 2.3%. ETH’s trade volume dropped by 13% during the same period and is presently at $6.6B.
The Bollinger bands are far apart, showing high volatility levels on Ethereum Price as the Relative Strength Index (RSI) moves above the average line in the overbought region, showing bull dominance on Ethereum price.
Ripple price analysis
Ripple (XRP) has also started on bull activity, as Ripple price stood at $0.6008 after recording a daily increase of 5.4%, as the weekly rise now stands at 10.3%. XRP’s trade volume jumped by 41% during the same period and is presently at $2.3B.
The Bollinger bands are diverging, showing high volatility levels on Ripple Price as the Relative Strength Index (RSI) moves above the average line in the overbought region, showing bull dominance on Ripple price.
Solana price analysis
Solana (SOL) has also started on slight bull activity, as Solana price stood at $38.7 after recording a daily increase of 8.3%, as the weekly rise now stands at 24.9%. SOL’s trade volume jumped by 3.4% during the same period and is presently at $1.4B.
The Bollinger bands are far apart, showing high volatility levels on Solana Price as the Relative Strength Index (RSI) moves above the average line in the overbought region, showing bull dominance on Solana price.
Ethereum Classic price analysis
Ethereum Classic (ETC) has also started on slight bull activity, as ETC price stood at $17.4 after recording a daily increase of 4.9%, as the weekly rise now stands at 7.3%. ETC’s trade volume jumped by 118% during the same period and is presently at $357M.
The Bollinger bands are diverging, showing high volatility levels on ETC Price as the Relative Strength Index (RSI) moves above the average line close to the overbought region, showing bull dominance on ETC price.
