Markets are riding on bull activity, with the global market cap sitting 1.28% above its previous 24-hour mark, as the total cap still stands at $1.08T as of press time. The fear and greed index is still at 39 as greed returns.
Bitcoin price analysis
Bitcoin (BTC) has encountered slight bull activity, as Bitcoin price stands at $27K after recording a daily increase of 0.8%, and a weekly rise now stands at 4.27%. As a result of the Bitcoin price, the token’s trade volume dropped by 2.2% during the same period and is presently at $14.6B.
The Bollinger bands are now slightly diverging, showing increasing volatility levels on Bitcoin Price as the Relative Strength Index (RSI) moves above the average line as bulls dominate. In contrast, the MACD moves in the green zone, showing bull effects on Bitcoin price.
Ethereum price analysis
However, Ethereum (ETH) has encountered slight bear activity, as Ethereum price stood at $1635 after recording a daily decrease of 0.21%, as the weekly rise now stands at 2.9%. ETH’s trade volume dropped by 11% during the same period and is presently at $4.7B.
The Bollinger bands are now converging, showing dropping volatility levels on Ethereum Price. The Relative Strength Index (RSI) is above the average line as bulls continue to dominate while the MACD moves in the green zone, showing bull effects on Ethereum price.
Optimism price analysis
Optimism (OP) is also riding on bear activity, as Optimism price stood at $1.38 after recording a daily decrease of 1.14%, as the weekly rise now stands at 2.71%. OP’s trade volume dropped by 13.5% during the same period and is presently at $66.5M.
The Bollinger bands converge, showing dropping volatility levels on the Optimism Price. The Relative Strength Index (RSI) is above the average line as bulls take effect while the MACD moves in the green zone, showing some bull action on Optimism price.
Toncoin price analysis
Toncoin (ETH) has encountered bull activity, as Toncoin price stood at $2.5 after recording a daily decrease of 3.4%, and the weekly rise now stands at 29%. TON’s trade volume dropped by 2% during the same period and is presently at $58.1M.
The Bollinger bands are now diverging, showing rising volatility levels on Toncoin Price. The Relative Strength Index (RSI) is above the average line in the overbought region as bulls continue to dominate while the MACD moves in the green zone, showing bull effects on Toncoin price.
Maker price analysis
Maker (MKR) has also encountered bull activity, as Maker price stood at $1299.4 after recording a daily increase of 2.75%, as the weekly rise now stands at 14.9%. MKR’s trade volume jumped by 22% during the same period and is presently at $88.8M.
The Bollinger bands are now diverging, showing increasing volatility levels on Maker Price. The Relative Strength Index (RSI) is above the average line as bulls continue to dominate while the MACD moves in the green zone, showing bull effects on Maker price.
