Markets are riding on bull activity, with the global market cap sitting 0.97% above its previous 24-hour mark as the total cap stands at $1.05T as of press time. The fear and greed index is at 37 as fear creeps out of the market.
Bitcoin price analysis
Bitcoin (BTC) has encountered minor bear activity, as Bitcoin price stands at $25.8K after recording a daily decrease of 1.37%, as the weekly increase now stands at 0.19%. Bitcoin’s trade volume dropped by 23% during the same period ahead of the Bitcoin price and is presently at $9.4B.
The Bollinger bands are now moving at a close distance, showing low volatility levels on Bitcoin price. The Relative Strength Index (RSI) is above its average as bulls struggle for dominance. The MACD also moves in the green zone.
Ethereum price analysis
Ethereum (ETH) has also encountered minor bear activity, as Ethereum price stood at $1633 after recording a daily decrease of 0.70%, as the weekly rise now stands at 0.06%. ETH’s trade volume dropped by 26% during the same period and is presently at $3.7B due to the Ethereum price.
The Bollinger bands maintain a close distance, showing low volatility levels. The Relative Strength Index (RSI) is above average as bulls fight for dominance on Ethereum price while the MACD also moves in the green zone close to the neutral line.
BNB price analysis
Binance coin (BNB) has also started on bear activity as BNB price stood at $214.9 after recording a daily decrease of 0.86%, as the weekly rise now stands at 0.12%. BNB’s trade volume dropped by 38% during the same period and is presently at $287M due to the BNB price.
The Bollinger bands maintain a close distance, showing low volatility levels on BNB price. The Relative Strength Index (RSI) is above its average line as bulls and bears fight for dominance while the MACD also moves in the green zone closer to the neutral line.
Ripple price analysis
Ripple (XRP) has also started on bear activity as Ripple price now is $0.5029 after recording a daily decrease of 0.14%, as the weekly rise now stands at 1.4%. XRP’s trade volume dropped by 11% during the same period and is presently at $628M due to the Ripple price.
The Bollinger bands maintain a close distance, showing low volatility levels on Ripple price. The Relative Strength Index (RSI) is below its average line as bears fight for dominance while the MACD also moves in the green zone close to the average line.
Cardano price analysis
Cardano (ADA) has started on bear activity as Cardano price stood at $0.2549 after recording a daily decrease of 1%, as the weekly drop now stands at 0.32%. ADA’s trade volume dropped by 26% during the same period and is presently at $ 84M due to the Cardano price.
The Bollinger bands maintain a close distance, showing low volatility levels on Cardano Price. The Relative Strength Index (RSI) is below its average line as bears fight to cross back above, while the MACD also moves in the green zone close to the average line.
