Markets are again riding on bull activity today, with the global market cap sitting 0.62% above its previous 24-hour mark, as the total cap still stands at $1.05T as of press time. The fear and greed index is now 39, as markets run on a fear index.
Bitcoin price analysis
Bitcoin (BTC) has started on bull activity, as Bitcoin price stood at $26.9K as of press time after recording a daily increase of 2.2% and a weekly rise of 1.1%. As a result of the Bitcoin price, the token’s trade volume jumped by 12% during the same period and is presently at $14B.
The Bollinger bands are still moving at a close distance, showing stable volatility levels on Bitcoin Price as the Relative Strength Index (RSI) moves above the average line as bulls now dominate. The MACD moves in the green zone, showing bull effects again on Bitcoin price.
Ethereum price analysis
Ethereum (ETH) is also riding on bull activity, as Ethereum price stood at $1652 after recording a daily increase of 2.77%, as the weekly rise now stands at 3.7%. ETH’s trade volume jumped by 6% during the same period and is presently at $6.41B.
The Bollinger bands are now diverging, showing rising volatility levels on Ethereum Price. The Relative Strength Index (RSI) is now above the average line, as bulls now dominate Ethereum price while the MACD moves in the green zone, asserting bull domination Ethereum price.
Arbitrum price analysis
Arbitrum (ARB) is also riding on bull activity, as Arbitrum price stood at $0.8961 after recording a daily increase of 9.2%, as the weekly rise now stands at 7.55%. ARB’s trade volume rose by 108% during the same period and is presently at $160M.
The Bollinger bands are now converging, showing dropping volatility levels on Arbitrum Price. The Relative Strength Index (RSI) is now above the average line, as bulls dominate Arbitrum price while the MACD moves in the green zone.
THORChain price analysis
THORChain (RUNE) is riding on bull activity, as RUNE price stood at $1.92 after recording a daily increase of 9.6%, as the weekly rise now stands at 7.6%. RUNE’s trade volume jumped by 13% during the same period and is presently at $77M.
The Bollinger bands are now diverging, showing rising volatility levels on RUNE Price. The Relative Strength Index (RSI) is now above the average line, as bulls now dominate THORChain price while the MACD now shifts to the green zone, showing bull activity on RUNE price.
Aave price analysis
Aave (AAVE) is also riding on bull activity, as Aave price stood at $66.32 after recording a daily increase of 8.9%, as the weekly rise now stands at 4%. Aave’s trade volume jumped by 63% during the same period and is presently at $121.4M.
The Bollinger bands are now diverging, showing rising volatility levels on Aave Price. The Relative Strength Index (RSI) is now above the average line close to the overbought region, as bulls now dominate aave price while the MACD moves in the green zone, showing bull activity on Aave price.
