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Daily Analysis: BTC, ETH, UNI, SEI, LSK

source-logo  blockchainreporter.net 24 November 2023 09:27, UTC

Markets are on bull activity today, with the global market cap sitting 2.3% above its previous 24-hour mark, as the total cap stands at $1.42T as of press time. The fear and greed index is at 73, as greed still dominates. The global trading volume is 22% down in 24 hours, at $54.6B 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 0.1% and a weekly rise of 3%. As a result of the Bitcoin price, the token’s trade volume dropped by 38% during the same period and is presently at $13.4B.

The Bollinger bands are far apart, showing high 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 slight bull activity, as the Ethereum price stood at $2068 after recording a daily increase of 0.1%, as the weekly rise now stands at 4.7%. ETH’s trade volume dropped by 36% during the same period, presently at $7.7B.

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

Uniswap price analysis

Uniswap (UNI) has also started on bull activity, as the Uniswap price stood at $6.2 after recording a daily increase of 1%, as the weekly rise now stands at 18%. UNI’s trade volume dropped by 13% during the same period, presently at $378M.

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 the Uniswap price.

UNI 1-day chart | Source: TradingView

Sei price analysis

Sei (SEI) has also started on bull activity, as the Sei price stood at $0.217 after recording a daily increase of 7.7%, as the weekly rise now stands at 42%. SEI’s trade volume dropped by 12% during the same period, presently at $376M.

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

SEI 1-day chart | Source: TradingView

Lisk price analysis

Lisk (LSK) has also started on bull activity, as the Lisk price stood at $1.22 after recording a daily increase of 16%, as the weekly rise now stands at 10%. LSK’s trade volume jumped by 3609% during the same period, presently at $175M.

The Bollinger bands are diverging, showing high volatility levels on the Lisk price as the Relative Strength Index (RSI) is above the average line, showing bull activity on the Lisk price.

LSK 1-day chart | Source: TradingView
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