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Monthly Analysis: BTC, ETH, SOL, ETC, MKR, AAVE

source-logo  blockchainreporter.net 01 October 2023 21:44, UTC

Bitcoin price analysis

This month has had quite various activities, with most assets making gains over the 30 days while others failed to post gains. Bitcoin (BTC), the number one crypto in the world, led the way with gains over the period as Bitcoin Price stood at $27.1K as of press time, trading 5.1% above its previous 30-day price.

Volatility levels on Bitcoin Price have been relatively high over the month, as seen from the Bollinger bands movements, which have been far apart according to the monthly charts. The RSI is moving above its average line showing bull dominance over the month on Bitcoin price as the MACD indicator also shifts to the green zone.

BT 30-day chart | Source: TradingView

Ethereum price analysis

Ethereum (ETH), the altcoin king, also posted gains over the period as Ethereum Price stood at $1.6K as of press time, trading 3.2% above its previous 30-day price.

Volatility levels on Ethereum Price have been relatively high over the month, as seen from the Bollinger bands movements, which have been far apart according to the monthly charts. The RSI is moving above its average line showing bull dominance over the month on Ethereum price as the MACD indicator also shifts to the green zone.

ETH 30-day chart | Source: TradingView

Solana price analysis

Solana (SOL), is also among last month’s top gainers as Solana Price stood at $22.97 as of press time, representing a 17% increase from its previous 30-day price.

Volatility levels on Solana Price have been dropping over the month, as seen from the Bollinger bands movements, which have been converging according to the monthly charts. The RSI is moving above its average line showing bull dominance over the month on Solana price as the MACD indicator also shifts to the green zone.

SOL 30-day chart | Source: TradingView

Ethereum Classic price analysis

Ethereum classic (ETC), is also on last month’s top gainers list as ETC Price stood at $16.41 as of press time, representing a 6% increase from its previous 30-day price.

Volatility levels on Ethereum Classic Price have been slightly over the month, as seen from the Bollinger bands movements, which appear to be slightly diverging according to the monthly charts. The RSI is, however, moving below its average line showing some bear dominance over the month on Ethereum Classic price despite the uptick wile MACD indicator approaches a shift to the green zone showing bull efforts for domination.

ETC 30-day chart | Source: TradingView

Maker (MKR) price analysis

Maker (MKR), is also standing out in the top gainers list of lat month as Maker Price stood at $1538.8 as of press time, representing a 36.7% increase from its previous 30-day price.

volatility levels on Maker Price have been dropping over the month, as seen from the Bollinger bands movements, which have been converging according to the monthly charts. The RSI is moving above its average line showing bull dominance over the month on Makeer price as the MACD also move in the green zone.

MKR 30-day chart | Source: TradingView

Aave price analysis

Aave (AAVE), is another top gainer from last month as Aave Price stood at $69.1 as of press time, representing a 26.8% increase from its previous 30-day price.

volatility levels on Aave Price have been dropping over the month, as seen from the Bollinger bands movements, which have been converging according to the monthly charts. The RSI is moving above its average line showing bull dominance over the month on Aave price as the MACD indicator also moves in the green zone.

AAVE 30-day chart | Source: TradingView
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