Bitcoin price analysis
Bears have dominated this week, with several cryptos failing to post gains. Bitcoin (BTC) has seen bear activity this week, recording a weekly decrease of 3.5% as Bitcoin price is at $26.9K. Bitcoin has a market cap of $524B as the trading volume stood at $4.8B as of press time.
Volatility on Bitcoin price for the week has been relatively stable as the Bollinger bands move closer to each other. BTC’s relative strength indicator is moving above its average line, indicating bull dominance still on Bitcoin price over the week.
Ethereum price analysis
Ethereum (ETH) has also seen bear activity over the week as the asset’s weekly drop now stand’s at 4.16% as Ethereum price stood at $1,557. Ethereum has a current market cap of $187.2B, as the trading volume now stands at $2.1B.
Volatility levels on Ethereum price have also been slowly increasing over the week as the Bollinger bands now appear to diverge slightly. The RSI indicator moves below its average line, showing bear activity on Ethereum price.
Internet Computer price analysis
Internet Computer (ICP) has seen bull activity over the week as the asset’s weekly rise now stand’s at 3.8% as ICP price stood at $3.19. ICP has a current market cap of $1.4B, as the trading volume now stands at $20.2M.
Volatility levels on ICP price are currently low as the Bollinger bands move close to each other. The RSI indicator moves above its average line, showing bull activity on ICP price.
Cronos price analysis
Cronos (CRO) has also seen bull activity over the week as the asset’s weekly gain now stand’s at 2.67% as Cronos price stood at $0.0515. Cronos has a current market cap of $1.3B, as the trading volume now stands at $3.8M.
Volatility levels on Cronos price have also been low over the week as the Bollinger bands move at a close distance. The RSI indicator moves below its average line, showing bear activity on Cronos price despite the gain.
Tether Gold analysis
Tether Gold (XAUt) is also among the week’s top gainers as the asset’s weekly gain now stand’s at 5.2% as Tether Gold price stood at $1,930. Tether Gold has a current market cap of $477M, as the trading volume now stands at $2.8M.
Volatility levels on XAUt price have also been high over the week as the Bollinger bands diverge. The RSI indicator moves above its average line, showing bull activity on Tether gold.
