Bitcoin price analysis
Bulls have dominated this week, with several cryptos posting gains. Bitcoin (BTC) has seen some slight bull activity this week, recording a weekly increase of 2.3% as Bitcoin price is at $27.8K. Bitcoin has a market cap of $543B as the trading volume stood at $639B as of press time.
Volatility on Bitcoin price for the week has been relatively stable as the Bollinger bands move closer to each other. BTC’s relative strength indicator is moving above its average line, indicating bull dominance still on Bitcoin price over the week.
Ethereum price analysis
Ethereum (ETH) has however seen bear activity over the week as the asset’s weekly drop now stands at 3.8% as Ethereum price stood at $1,620. Ethereum has a current market cap of $194B, as the trading volume now stands at $2.8B.
Volatility levels on Ethereum price have also been slowly increasing over the week as the Bollinger bands now appear to slightly diverge. The RSI indicator moves below its average line, showing bear activity on Ethereum price.
Render price analysis
Render (RNDR) has seen massive bull activity over the week as the asset’s weekly rise now stand’s at 12.8% as Render price stood at $1.82. Render has a current market cap of $675M, as the trading volume now stands at $34M.
Volatility levels on Render price have also been stable over the week as the Bollinger bands maintained a uniform distance over the week. The RSI indicator moves above its average line, showing bull activity on Render price.
Bitcoin SV price analysis
Bitcoin SV (BSV) has also seen massive bull activity over the week as the asset’s weekly rise now stand’s at 9.77% as Bitcoin SV price stood at $35. Bitcoin SV has a current market cap of $674M, as the trading volume now stands at $4.7M.
Volatility levels on Bitcoin SV price have also been relatively low over the week as the Bollinger bands maintained a very close distance over the week. The RSI indicator moves above its average line, showing bull activity on Render price.
SafePal price analysis
SafePal (SFP) also been among the top gainers this week having seen a weekly rise of 6.9% as SafePal price stood at $0.6225. SafePal has a current market cap of $261M, as the trading volume now stands at $4.4M.
Volatility levels on SafePal price have been slightly increasung over the week as the Bollinger bands appear to be diverging according to weekly charts. The RSI indicator moves above its average line close to the overbought region, showing bull activity on Render price.
Loom Network Price Analysis
Loom Network (LOOM) has also seen massive bull activity this week as the asset trades 32% above its previous 7-day price as Loom Network Price stood at $0.1773. LOOM has a current market cap of $216M, as the trading volume now stands at $194.3M.
Volatility levels on Loom Network price have been high over the week as the Bollinger bands diverged over the week. The RSI indicator moves above its average line in the overbought region, showing bull activity on Loom Network price.
