Markets are riding on slight bull activity, with the global market cap sitting 0.38% above its previous 24-hour mark, as the total cap still stands at $1.06T as of press time. The fear and greed index is still at 38.
Bitcoin price analysis
Bitcoin (BTC) has encountered slight bull activity, as Bitcoin price stands at $26.5K after recording a daily increase of 0.12%, and the weekly rise now stands at 2.6%. As a result of the Bitcoin price, the token’s trade volume dropped by 42% during the same period and is presently at $6.6B.
The Bollinger bands are now slightly diverging, showing rising volatility levels on Bitcoin 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 Bitcoin price.
Ethereum price analysis
However, Ethereum (ETH) has encountered slight bear activity, as Ethereum price stood at $1630 after recording a daily decrease of 0.4%, as the weekly rise now stands at 0.28%. ETH’s trade volume dropped by 37% during the same period and is presently at $2.7B.
The Bollinger bands are now moving steadily, showing stable volatility on Ethereum price. The Relative Strength Index (RSI) is above the average line, while the MACD moves in the green zone, showing bull action on Ethereum price.
BNB price analysis
Binance coin (BNB) has also encountered slight bear activity, as BNB price stood at $214.8 after recording a daily decrease of 0.1%, as the weekly rise now stands at 0.66%. BNB’s trade volume dropped by 42% during the same period and is presently at $345M.
The Bollinger bands are now moving steadily, showing stable volatility on BNB price. The Relative Strength Index (RSI) is above the average line, while the MACD moves in the green zone, showing bull action on BNB price.
Ripple price analysis
Ripple (XRP) has encountered bear activity, as Ripple price stood at $0.4953 after recording a daily decrease of 0.77%, as the weekly drop now stands at 1%. XRP’s trade volume dropped by 34% during the same period and is presently at $506M.
The Bollinger bands are now moving steadily, showing stable volatility on Ripple price. The Relative Strength Index (RSI) is above the average line, while the MACD moves in the green zone, showing bull action on Ripple price.
Cardano price analysis
Cardano (ADA) has also encountered bear activity, as Cardano price stood at $0.249 after recording a daily decrease of 35%, as the weekly drop now stands at 0.23%. ADA’s trade volume dropped by 36% during the same period and is presently at $81.1M.
The Bollinger bands are now moving steadily, showing stable volatility on Cardano price. The Relative Strength Index (RSI) is above the average line, while the MACD moves in the green zone, showing bull action on Cardano price.
