Markets have also started on slight bull activity today, with the global market cap recording a 0.34% increase within a day to take the total cap to $1.05T as of press time. The fear and greed index is also now at 35, as fear remains in the market.
Bitcoin (BTC) analysis
Bitcoin (BTC) has encountered some bull activity, trading at $27.3K after recording a daily increase of 5.3%, as the weekly rise now stands at 5.2%. Bitcoin’s trade volume jumped by 184% during the same period, presently at $30.8B.
The Bollinger bands are now converging, indicating that the volatility of Bitcoin is now dropping. The Relative Strength Index (RSI) is now above its average line as bulls dominate. The MACD has also shifted to the green zone.
Ethereum (ETH) analysis
Ethereum (ETH) has started today on bull activity, as the asset now sits on gains of 4.3% within a day of trading to take it to $1718 as the trading volume rose by 144% to take it to $11.5B as of press time. ETH’s volatility levels are now dropping as the Bollinger bands converge.
The RSI indicator is now above the average as bulls dominate. The MACD indicator also has shifted to the green zone, again showing bull dominance.
Solana (SOL) analysis
SOL has also encountered some bull activity, trading at $21.62 after recording a daily increase of 6.5%, as the weekly rise now stands at 3%. TRB’s trade volume jumped by 153% during the same period, presently at $489M.
The Bollinger bands are now converging, indicating that the volatility of TRB is now dropping. The Relative Strength Index (RSI) is now above its average line as bulls dominate. The MACD is also now approaching a shift to the green zone.
Tellor (TRB) Analysis
TRB has encountered some bull activity, trading at $14.86 after recording a daily increase of 8.6%, as the weekly rise now stands at an impressive 49%. TRB’s trade volume jumped by 88% during the same period, presently at $50.8M.
The Bollinger bands are, however, diverging, indicating that the volatility of TRB is now rising. The Relative Strength Index (RSI) is now above its average line, close to the overbought region, as bulls dominate. The MACD is also moving high in the green zone.
API3 (API3) analysis
API3 is also running on bull activity in today’s session, trading at $1.19 after recording a daily increase of 17.3%, as the weekly rise now stands at 26%. TRB’s trade volume dropped by 16% during the same period, presently at $58.4M.
The Bollinger bands are, however, diverging, indicating that the volatility of TRB is now rising. The Relative Strength Index (RSI) is now above its average line, showing great bull dominance. The MACD is also now moving high in the green zone.
