Bitcoin price analysis
Bulls have dominated this week ahead of an eventful week in the crypto space. Bitcoin (BTC) has seen bull activity this week, recording a weekly increase of 14% as Bitcoin price is at $34.3K. Bitcoin has a market cap of $670B as the trading volume stood at $8.7B as of press time.
Volatility on Bitcoin price for the week have been rising as the Bollinger bands slightly diverge. BTC’s relative strength indicator is above its average line in the overbought region, indicating bull dominance on Bitcoin price over the week.
Ethereum price analysis
Ethereum (ETH) has also seen bull activity over the week as the asset’s weekly rise now stand’s at 9.8% as Ethereum price stood at $1,792. Ethereum has a current market cap of $215B, as the trading volume now stands at $14.7B.
Volatility levels on Ethereum price have been low over the week as the Bollinger bands move close to each other. The RSI indicator is above the average line, showing bull activity on Ethereum price.
BNB price analysis
BNB (BNB) has also seen bull activity over the week as the asset’s weekly rise now stand’s at 5.6% as BNB price stood at $226.6. BNB has a current market cap of $34.3B, as the trading volume now stands at $189.4M.
Volatility levels on BNB price have been low over the week as the Bollinger bands move close to each other. The RSI indicator is above the average line, showing bull activity on BNB price.
Solana price analysis
Solana (SOL) has also seen bull activity over the week as the asset’s weekly rise now stand’s at 13.3% as Solana price stood at $32.44. Solana has a current market cap of $215B, as the trading volume now stands at $14.7B.
Volatility levels on Solana price have been high over the week as the Bollinger bands diverge. The RSI indicator is above the average line close to the overbought region, showing bull activity on Solana price.
Cardano price analysis
Cardano (ADA) has also seen bull activity over the week as the asset’s weekly rise now stand’s at 14% as Cardano price stood at $0.29. Cardano has a current market cap of $10.4B, as the trading volume now stands at $117.9M.
Volatility levels on Cardano price have been low over the week as the Bollinger bands move close to each other. The RSI indicator is above the average line, showing bull activity on Ethereum price.
Source: https://blockchainreporter.net/weekly-analysis-btc-eth-bnb-sol-ada/