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Markets are on bear activity today, with the global market cap sitting 1.6% 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 still dominates. The global trading volume is 18% down in 24 hours, at $47.7B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on bear activity, as Bitcoin price stood at $34.4K as of press time after recording a daily decrease of 2.3% and a weekly rise of 1.2%. As a result of the Bitcoin price, the token’s trade volume dropped by 24% during the same period and is presently at $19.2B.
The Bollinger bands are still far, showing high volatility levels on Bitcoin Price. The Relative Strength Index (RSI) is below the average line, showing bear activity on Bitcoin price.
Ethereum price analysis
Ethereum (ETH) has also started on bear activity, as Ethereum price stood at $1797 after recording a daily decrease of 2%, as the weekly rise now stands at 1%. ETH’s trade volume dropped by 30% during the same period and is presently at $8.1B.
The Bollinger bands are far apart, showing high volatility levels on Ethereum Price as the Relative Strength Index (RSI) moves below the average line, showing bear dominance on Ethereum price.
Cronos price analysis
Despite today’s dip, Cronos (CRO) has started on bull activity, as Cronos price stood at $0.0667 after recording a daily increase of 6.9%, as the weekly rise now stands at 13%. CRO’s trade volume jumped by 183% during the same period and is presently at $20.8M.
The Bollinger bands are diverging, showing high volatility levels on Cronos Price as the Relative Strength Index (RSI) moves above the average line, showing bull dominance on Cronos price.
NEAR Protocol price analysis
NEAR Protocol (NEAR) has also started on bull activity, as NEAR price stood at $1797.53 after recording a daily increase of 4.4%, as the weekly rise now stands at 30%. NEAR’s trade volume dropped by 33% during the same period and is presently at $193.3M.
The Bollinger bands are diverging, showing high volatility levels on NEAR Price as the Relative Strength Index (RSI) moves below the average line in te overbought region, showing bull dominance on NEAR price.
Mantle price analysis
Mantle (MNT) has also started on bull activity, as Mantle price stood at $0.4084 after recording a daily increase of 3.3%, as the weekly rise now stands at 8.7%. MNT’s trade volume dropped by 17% during the same period and is presently at $66.4M.
The Bollinger bands are close, showing low volatility levels on Mantle Price as the Relative Strength Index (RSI) moves above the average line close to the overbought region, showing bear dominance on Ethereum price.
