Markets are still riding on bull activity today, with the global market cap sitting 1.09% above its previous 24-hour mark, as the total cap still stands at $1.09T as of press time. The fear and greed index is still at 47 as markets maintain neutrality. The global trading volume is 21% down in 24 hours, at $46.1B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on bear activity again, as Bitcoin price stood at $28.3K as of press time after recording a daily decrease of 1.29% and a weekly rise of 5.2%. As a result of the Bitcoin price, the token’s trade volume dropped by 25% during the same period and is presently at $11.3B.
The Bollinger bands are now diverging, showing increasing volatility levels on Bitcoin Price. The Relative Strength Index (RSI) is above the average line, showing bull activity on Bitcoin price despite the dip.
Ethereum price analysis
Ethereum (ETH) is riding on slight bear activity, as Ethereum price stood at $1552 after recording a daily decrease of 1.2%, as the weekly drop now stands at 0.79%. ETH’s trade volume dropped by 10% during the same period and is presently at $4.5B.
The Bollinger bands are now diverging, showing high volatility levels on Ethereum Price as the Relative Strength Index (RSI) moves below the average line, showing bear effects on Ethereum price.
Blur price analysis
Blur (BLUR) is riding on bull activity, as Blur price stood at $0.185 after recording a daily increase of 4.03%, and the weekly rise now stands at 18.58%. BLUR’s trade volume jumped by 183% during the same period and is presently at $295M.
The Bollinger bands are now diverging, showing high volatility levels on Blur Price as the Relative Strength Index (RSI) moves above the average line, showing bull effects on Blur price.
Floki price analysis
However, Floki (FLOKI) is riding on bear activity, as Floki price stood at $0.00001783 after recording a daily decrease of 0.52%, as the weekly rise now stands at 5.6%. Floki’s trade volume jumped by 147% during the same period and is presently at $38.7M.
The Bollinger bands converge, showing low volatility levels on Floki Price as the Relative Strength Index (RSI) moves below the average line, showing bear effects on Floki price.
Uniswap price analysis
Uniswap (UNI) is riding on bull activity, as Uniswap price stood at $3.9 after recording a daily increase of 0.74%, as the weekly drop now stands at 5.3%. Uniswap’s trade volume dropped by 37% during the same period, presently at $45.3M.
The Bollinger bands are diverging, showing high volatility levels on Uniswap Price as the Relative Strength Index (RSI) moves below the average line, showing bear effects on Uniswap price.
Source: https://blockchainreporter.net/daily-analysis-btc-eth-blur-floki-uni/