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Weekly Analysis: ETH, LUNA, LUNC, RUNE, IOTA, TIA

source-logo  blockchainreporter.net 03 December 2023 21:31, UTC

Ethereum price analysis

Bulls have dominated this week as most assets posted gains over the seven days. Ethereum (ETH), the altcoin king, has seen bull activity over the week as the asset’s weekly rise now stands at 0.54% as Ethereum price stood at $2163. Ethereum has a current market cap of $259M, as the trading volume now stands at $8.2B.

Ethereum price volatility levels have risen over the week as the Bollinger Bands diverge. The RSI indicator is above the average line as it heads for the overbought region, showing bull activity on the Ethereum price.

ETH 1-week chart | Source: TradingView

Terra price analysis

Terra (LUNA) has also seen bull activity over the week as the asset’s weekly rise now stands at 11%, and the Terra price stood at $0.861. Terra has a current market cap of $510M, as the trading volume now stands at $223M.

Volatility levels on Terra price have been low over the week, as shown by the Bollinger Bands, which are currently close to each other. The RSI indicator is above the average line, showing bull activity on the Terra price.

LUNA 1-week chart | Source: TradingView

Terra Classic price analysis

Terra Classic (LUNC) has also seen bull activity over the week as the asset’s weekly rise now stands at 100%, and the Terra price stood at $0.000197. Terra Classic has a current market cap of $1.4B, as the trading volume now stands at $669M.

Volatility levels on Terra Classic price have been rising over the week, as shown by the Bollinger Bands, which are currently diverging. The RSI indicator is above the average line in the overbought region, showing bull dominance on the Terra Classic price.

LUNC 1-week chart | Source: TradingView

THORChain price analysis

THORChain (RUNE) has also seen bull activity over the week as the asset’s weekly rise now stands at 30.9%, and the RUNE price stood at $6.94. RUNE has a current market cap of $2.3B, as the trading volume now stands at $264M.

Volatility levels on RUNE price have been rising over the week, as shown by the Bollinger Bands, which are currently diverging. The RSI indicator is above the average line in the overbought region, showing bull dominance on the RUNE price.

RUNE 1-week chart | Source: TradingView

IOTA price analysis

IOTA (IOTA) has also seen bull activity over the week as the asset’s weekly rise now stands at 88%, and the IOTA price stood at $0.3318. IOTA has a current market cap of $1B, as the trading volume now stands at $113M.

Volatility levels on IOTA price have been rising over the week, as shown by the Bollinger Bands, which are currently diverging. The RSI indicator is above the average line in the overbought region, showing bull dominance on the IOTA Classic price.

IOTA 1-week chart | Source: TradingView

Celestia price analysis

Celestia (TIA) has also seen bull activity over the week as the asset’s weekly rise now stands at 59%, and the Celestia price stood at $8.56. TIA has a current market cap of $1.2B, as the trading volume now stands at $334M.

TIA 1-week chart | Source: Binance
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