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Daily Analysis: BTC, ETH, STX, SNX, LUNC

source-logo  blockchainreporter.net 03 December 2023 18:42, UTC

Markets are on bear activity today, with the global market cap sitting 1.93% above its previous 24-hour mark, as the total cap stands at $1.49T as of press time. The fear and greed index is 74, as greed now dominates. The global trading volume is 2% up in 24 hours, at $44.4B as of press time.

Bitcoin price analysis

Bitcoin (BTC) has started on bull activity, as the Bitcoin price stood at $39.4K as of press time after recording a daily increase of 1.81% and a weekly rise of 4.8%. As a result of the Bitcoin price, the token’s trade volume jumped by 2% during the same period and is presently at $15.8B.

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

BTC 1-day chart | Source: TradingView

Ethereum price analysis

Ethereum (ETH) has also started on bull activity, as the Ethereum price stood at $2157 as of press time after recording a daily increase of 2.6% and a weekly rise of 3.6%. As a result of the Ethereum price, the token’s trade volume jumped by 37% during the same period and is presently at $9.8B.

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

ETH 1-day chart | Source: TradingView

Stacks price analysis

Stacks (STX) has also started on bull activity, as the Stacks price stood at $0.81 as of press time after recording a daily increase of 5.94% and a weekly rise of 22.6%. As a result of the Stacks price, the token’s trade volume jumped by 116% during the same period and is presently at $121M.

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

STX 1-day chart | Source: TradingView

Synthetix price analysis

Synthetix (SNX) has also started on bull activity, as the Synthetix price stood at $3.8 as of press time after recording a daily increase of 8.19% and a weekly rise of 11.2%. As a result of the Synthetix price, the token’s trade volume jumped by 18% during the same period and is presently at $89M.

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

SNX 1-day chart | Source: TradingView

Terra Classic price analysis

Terra Classic (LUNC) has also started on bull activity, as the Terra Classic price stood at $0.000192 as of press time after recording a daily increase of 36% and a weekly rise of 136%. As a result of the Terra Classic price, the token’s trade volume jumped by 44% during the same period and is presently at $549M.

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

LUNC 1-day chart | Source: TradingView
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