Markets are again riding on bear activity today, with the global market cap sitting 1.29% below its previous 24-hour mark, as the total cap still stands at $1.05T as of press time. The fear and greed index is at 39 as fear creeps back into the market.
Bitcoin price analysis
Bitcoin (BTC) has started on slight bear activity, as Bitcoin price stood at $26.5K as of press time after recording a daily decrease of 0.01%, and a weekly rise now stands at 0.32%. As a result of the Bitcoin price, the token’s trade volume dropped by 29% during the same period and is presently at $9.8B.
The Bollinger bands are now moving at a close distance, showing stable volatility levels on Bitcoin Price as the Relative Strength Index (RSI) currently above the average line, approaches a cross-over below the line as bulls and bears struggle for dominance. The MACD moves in the green zone as it approaches the red zone, showing some bear effects on Bitcoin price.
Ethereum price analysis
Ethereum (ETH) has encountered slight bull activity, as Ethereum price stood at $1593 after recording a daily increase of 0.21%, and the weekly drop now stands at 2.66%. ETH’s trade volume dropped by 39% during the same period and is presently at $3.1B.
The Bollinger bands are now slightly diverging, showing increasing volatility levels on Ethereum Price. The Relative Strength Index (RSI) is below the average line as bulls push for a crossover back above while the MACD moves in the green zone showing slight bull action on Ethereum price.
The Sandbox price analysis
The Sandbox (SAND) has encountered bull activity, as The sandbox price stood at $0.3011 after recording a daily increase of 2.2%, and the weekly drop now stands at 2.17%. SAND’s trade volume dropped by 25% during the same period and is presently at $31M.
The Bollinger bands are now moving close to each other, showing lown volatility levels on The Sandbox Price. The Relative Strength Index (RSI) is above the average line as bulls now dominate while the MACD moves in the green zone showing slight bull action on The Sandbox price.
Rocket Pool price analysis
Rocket pool (RPL) has also encountered bull activity, as Rocket Pool price stood at $21.28 after recording a daily increase of 2.86%, and the weekly drop now stands at 4.36%. RPL’s trade volume dropped by 10% during the same period and is presently at $3.4M.
The Bollinger bands are now moving close to each other, showing low volatility levels on Rocket Pool Price. The Relative Strength Index (RSI) is below the average line as bulls push for a crossover back above while the MACD moves in the green zone showing bull action on Rocket Pool price.
Dash price analysis
Dash (DASH) has also encountered bull activity, as Dash price stood at $26.86 after recording a daily increase of 2.2%. DASH’s trade volume dropped by 16% during the same period and is presently at $30M.
The Bollinger bands are also close to each other, showing low volatility levels on Dash Price. The Relative Strength Index (RSI) is above the average line as bulls now dominate while the MACD moves in the green zone showin bull action on Dash price.
