Markets are still riding on bull activity today, with the global market cap sitting 2.5% above its previous 24-hour mark, as the total cap still stands at $1.11T as of press time. The fear and greed index is now at 47, as greed looms unto the markets.
Bitcoin price analysis
Bitcoin (BTC) has however started on bear activity, as Bitcoin price stood at $27.6K as of press time after recording a daily decrease of 1.5% and a weekly rise of 5.1%. As a result of the Bitcoin price, the token’s trade volume jumped by 46% during the same period and is presently at $18.1B.
The Bollinger bands are still diverging, showing rising volatility levels on Bitcoin Price as the Relative Strength Index (RSI) still moves above the average line showing bull effect on Bitcoin price despite the dip.
Ethereum price analysis
Ethereum (ETH) is also riding on bear activity, as Ethereum price stood at $1668 after recording a daily decrease of 3.2%, as the weekly rise now stands at 4.9%. ETH’s trade volume jumped by 27% during the same period and is presently at $6.1B.
The Bollinger bands are now diverging, showing rising volatility levels on Ethereum Price. The Relative Strength Index (RSI) is still above the average line, showing bull effects on Ethereum price despite today’s price drop.
Pancake price analysis
Pancake (CAKE) is also riding on bull activity, as Pancake price stood at $1.23 after recording a daily increase of 3.1%, as the weekly rise now stands at 6.8%. CAKE’s trade volume jumped by 128% during the same period and is presently at $44.9M.
The Bollinger bands are however moving at a close distance, showing low volatility levels on Pancake Price. The Relative Strength Index (RSI) is moving above the average line, showing bull dominance on Pancake price.
Bitcoin SV price analysis
Bitcoin SV (BSV) is riding on massive bull activity, as Bitcoin SV price stood at $40.98 after recording a daily increase of 14.75%, as the weekly rise now stands at 33%. BSV’s trade volume jumped by 224% during the same period and is presently at $226.1M.
The Bollinger bands ave completely diverged, showing high volatility levels on Bitcoin SV Price. The Relative Strength Index (RSI) is moving above the average line in the overbought region, showing total bull dominance on Bitcoin SV price.
Gala price analysis
Gala (GALA) is also riding on bull activity, as Gala price stood at $0.01563 after recording a daily increase of 3%, as the weekly rise now stands at 15.15%. GALA’s trade volume jumped by 28% during the same period and is presently at $71.7M.
The Bollinger bands are slightly converging, showing rising volatility levels on Gala Price. The Relative Strength Index (RSI) is moving high above the average line, showing bull dominance on Gala price.
Mantle price analysis
Mantle (MNT) is riding on slight bull activity, as Mantle price stood at $0.411 after recording a daily increase of 0.98%, as the weekly rise now stands at 4.8%. Mantle’s trade volume jumped by 114% during the same period and is presently at $50.3M.
The Bollinger bands are slightly converging, showing rising volatility levels on Mantle Price. The Relative Strength Index (RSI) is moving high above the average line, showing bull dominance on Mantle price.
