Markets are riding on bull activity today, with the global market cap sitting 1.81% 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 now 38, as fear still dominates the market.
Bitcoin price analysis
Bitcoin (BTC) has started on slight bear activity, as Bitcoin price stood at $26.4K as of press time after recording a daily decrease of 0.62% and a weekly drop of 2.3%. As a result of the Bitcoin price, the token’s trade volume jumped by 72% during the same period and is presently at $12.6B.
The Bollinger bands are still moving at a close distance, showing stable volatility levels on Bitcoin Price as the Relative Strength Index (RSI) moves below the average line as bulls pus for a recovery. The MACD moves in the green zone, showing some bull effects again on Bitcoin price.
Ethereum price analysis
Ethereum (ETH) is also riding bull activity, as Ethereum price stood at $1610 after recording a daily increase of 1.16%, as the weekly drop now stands at 0.6%. ETH’s trade volume jumped by 85% during the same period and is presently at $6.1B.
The Bollinger bands are now moving closely, showing stable volatility levels on Ethereum Price. The Relative Strength Index (RSI) is now above the average line, as bulls now strive for a dominant session on Ethereum price while the MACD moves in the green zone, showing bull domination Ethereum price.
Terra price analysis
Terra (LUNA) is also riding bull activity, as Terra price stood at $0.5161 after recording a daily increase of 19.5%, as the weekly rise now stands at 32%.LUNA’s trade volume jumped by 460% during the same period and is presently at $316.5M.
The Bollinger bands are now diverging, showing rising volatility levels on Terra Price. The Relative Strength Index (RSI) is now above the average line in the overbought region, as bulls now dominate Terra price while the MACD moves in the green zone, again showing bull domination Terra price.
Chainlink price analysis
Chainlink (LINK) is also having bullish day, as LINK price stood at $7.64 after recording a daily increase of 3.8%, as the weekly rise now stands at 11.9%. LINK’s trade volume jumped by 110% during the same period and is presently at $389.2M.
The Bollinger bands are now diverging, showing rising volatility levels on Chainlink Price. The Relative Strength Index (RSI) is now above the average line close to the overbought region, as bulls now dominate Chainlink price while the MACD moves in the green zone, again showing bull domination Chainlink price.
Bitcoin Cash price analysis
Bitcoin Cash (BCH) is also having bullish day, as BCH price stood at $233.99 after recording a daily increase of 8.8%, as the weekly rise now stands at 180%. LINK’s trade volume jumped by 180% during the same period and is presently at $471M.
The Bollinger bands are now slightly diverging, showing slowly rising volatility levels on Bitcoin Cash Price. The Relative Strength Index (RSI) is now above the average line close to the overbought region, as bulls now dominate Bitcoin Cash price while the MACD moves in the green zone, again showing bull domination Bitcoin Cash price.
