Markets are riding on slight bull activity, with the global market cap sitting 0.31% 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 $26.8K after recording a daily increase of 0.6%, and the weekly rise now stands at 4.3%. As a result of the Bitcoin price, the token’s trade volume jumped by 96% during the same period and is presently at $15B.
The Bollinger bands converge, showing dropping volatility levels on Bitcoin Price as the Relative Strength Index (RSI) moves above the average line as bulls dominate. In contrast, the MACD moves in the green zone, showing bull effects on Bitcoin price.
Ethereum price analysis
Ethereum (ETH) has also encountered slight bull activity, as Ethereum price stood at $1637 after recording a daily increase of 0.32%, as the weekly rise now stands at 3.64%. ETH’s trade volume jumped by 55% during the same period and is presently at $5.4B.
The Bollinger bands are now converging, showing dropping volatility levels on Ethereum 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 Ethereum price.
VeChain price analysis
VeChain (VET) has also encountered slight bull activity, as VeChain price stood at $0.01766 after recording a daily increase of 2.5%, as the weekly rise now stands at 18.62%. VET’s trade volume jumped by 23% during the same period and is presently at $32M.
The Bollinger bands are diverging, showing dropping volatility levels on VeChain 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 VeChain price.
Injective price analysis
Injective (INJ) has also encountered slight bull activity, as Injective price stood at $7.39 after recording a daily increase of 1.85%, as the weekly rise now stands at 9.08%. INJ’s trade volume jumped by 43% during the same period and is presently at $31M.
The Bollinger bands are slightly diverging, showing increasing volatility levels on Injective price. The Relative Strength Index (RSI) is above the average line as bulls push for the overbought region while the MACD moves in the green zone, showing bull effects on Injective price.
Compound price analysis
Compound (COMP) has also encountered slight bull activity, as Compound price stood at $40.31 after recording a daily increase of 2.9%, as the weekly rise now stands at 11%. COMP’s trade volume jumped by 128% during the same period and is presently at $73M.
The Bollinger bands are now moving close to each other, showing dropping volatility levels on Compound Price. The Relative Strength Index (RSI) is above the average line as bulls dominate while the MACD moves in the green zone, showing bull effects on compound price.
