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Daily Analysis: BTC, ETH, BLUR, UNI, WLD

source-logo  blockchainreporter.net 23 November 2023 09:40, UTC

Markets are on bull activity today, with the global market cap sitting 1.5% above its previous 24-hour mark, as the total cap stands at $1.41T as of press time. The fear and greed index is at 67, as greed still dominates. The global trading volume is 0.6% up in 24 hours, at $60.8B as of press time.

Bitcoin price analysis

Bitcoin (BTC) has started on bull activity, as the Bitcoin price stood at $37.3K as of press time after recording a daily increase of 2.3% and a weekly drop of 0.4%. As a result of the Bitcoin price, the token’s trade volume dropped by 21% during the same period and is presently at $21.7B.

The Bollinger bands are close, showing low volatility levels on the Bitcoin Price. However, the Relative Strength Index (RSI) is below the average line, showing bear activity on the Bitcoin price despite the rise.

BTC 1-day chart | Source: Tradingview

Ethereum price analysis

Ethereum (ETH) has also started on bull activity, as the Ethereum price stood at $2065 after recording a daily increase of 3.6%, as the weekly rise now stands at 0.36%. ETH’s trade volume dropped by 17% during the same period, presently at $12.1B.

The Bollinger bands are far apart, showing high volatility levels on the Ethereum Price as the Relative Strength Index (RSI) is below the average line, showing bear activity on the Ethereum price despite the rise.

ETH 1-day chart | Source: Tradingview

Blur price analysis

Blur (BLUR) has also started on bull activity, as the Blur price stood at $0.4939 after recording a daily increase of 20.9%, as the weekly rise now stands at 33%. BLUR’s trade volume jumped by 92% during the same period, presently at $845M.

The Bollinger bands are diverging, showing high volatility levels on the Blur Price as the Relative Strength Index (RSI) is above the average line in the overbought region, showing bull dominance on the Blur price.

BLUR 1-day chart | Source: Tradingview

Uniswap price analysis

Uniswap (UNI) has also started on bull activity, as the Uniswap price stood at $6.15 after recording a daily increase of 16%, as the weekly rise now stands at 11%. UNI’s trade volume jumped by 80% during the same period, presently at $436M.

The Bollinger bands are diverging, showing high volatility levels on the Uniswap Price as the Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on Uniswap price.

UNI 1-day chart | Source: Tradingview

Worldcoin price analysis

Worldcoin (WLD) has also started on bull activity, as the Worldcoin price stood at $2.43 after recording a daily increase of 0.7%, and the weekly rise now stands at 0.8%. WLD’s trade volume dropped by 32% during the same period, presently at $167M.

The Bollinger bands are diverging, showing high volatility levels on the Worldcoin Price as the Relative Strength Index (RSI) is below the average, showing bear activity on the Worldcoin price despite the rice.

WLD 1-day chart | Source: Tradingview
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