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Markets are on bull activity today, with the global market cap sitting 4% above its previous 24-hour mark, as the total cap stands at $1.44T as of press time. The fear and greed index is at 77, as greed still dominates. The global trading volume is 7% up in 24 hours, at $69.8B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on bull activity, as Bitcoin price stood at $37.4K as of press time after recording a daily increase of 5% and a weekly rise of 2.2%. As a result of the Bitcoin price, the token’s trade volume jumped by 19% during the same period and is presently at $28B.
The Bollinger bands are converging, showing dropping volatility levels on Bitcoin Price. The Relative Strength Index (RSI) is below the average line, showing bear dominance on Bitcoin price despite the rise.
Ethereum price analysis
Ethereum (ETH) has also started on bull activity, as Ethereum price stood at $2057 after recording a daily decrease of 3.3%, as the weekly rise now stands at 7%. ETH’s trade volume jumped by 14% during the same period, presently at $13B.
The Bollinger bands are diverging, showing high volatility levels on Ethereum Price as the Relative Strength Index (RSI) is below the average, showing bear action on Ethereum price despite today’s rise.
Avalanche price analysis
Avalanche (AVAX) has also started on bull activity, as Avalanche price stood at $20.2 after recording a daily decrease of 22%, as the weekly rise now stands at 76%. ETH’s trade volume jumped by 87% during the same period, presently at $1.8B.
The Bollinger bands are diverging, showing high volatility levels on Avalanche Price as the Relative Strength Index (RSI) is above the average line in the overbought region, showing bull action on Avalanche price despite today’s rise.
Solana price analysis
Solana (SOL) has also started on bull activity, as Solana price stood at $65.2 after recording a daily decrease of 9%, as the weekly rise now stands at 46%. SOL’s trade volume jumped by 31% during the same period, presently at $4.1B.
The Bollinger bands are diverging, showing high volatility levels on Solana Price as the Relative Strength Index (RSI) is above the average line in the overbought region, showing bull dominance on Solana price.
THORChain price analysis
THORChain (RUNE) has also started on bull activity, as RUNE price stood at $6.3 after recording a daily decrease of 11%, as the weekly rise now stands at 79%. RUNE’s trade volume jumped by 24% during the same period, presently at $540M.
The Bollinger bands are diverging, showing high volatility levels on RUNE Price as the Relative Strength Index (RSI) is above the average in the overbought region, showing bull action on RUNE price despite today’s rise.
