Daily Analysis: BTC, ETH, NEAR, CYBER, SOL

ethereum

Markets are on bull activity today, with the global market cap sitting 2.2% above its previous 24-hour mark, as the total cap stands at $1.31T as of press time. The fear and greed index is at 74, as greed now dominates. The global trading volume is 44% up in 24 hours, at $58.2B as of press time.     

Bitcoin price analysis

Bitcoin (BTC) has started on bull activity, as Bitcoin price stood at $35.2K as of press time after recording a daily decrease of 2.2% and a weekly rise of 1.62%. As a result of the Bitcoin price, the token’s trade volume jumped by 71% during the same period and is presently at $25.4B.

The Bollinger bands are still far, showing high volatility levels on Bitcoin Price. The Relative Strength Index (RSI) is above the average line in the overbought, showing bull activity on Bitcoin price.

BTC 1-day chart | Source: Tradingview

Ethereum price analysis

Ethereum (ETH) has also started on bull activity, as Ethereum price stood at $1833 after recording a daily increase of 1.38%, as the weekly drop now stands at 0.6%. ETH’s trade volume jumped by 75% during the same period and is presently at $11.7B.

The Bollinger bands are far apart, showing high volatility levels on Ethereum Price as the Relative Strength Index (RSI) moves above the average line in the overbought region, showing bull dominance on Ethereum price.

ETH 1-day chart | Source: Tradingview

NEAR Protocol price analysis

NEAR Protocol (NEAR) has also started on bull activity, as NEAR price stood at $1.46 after recording a daily increase of 8.2%, as the weekly drop now stands at 24%. ETH’s trade volume jumped by 196% during the same period and is presently at $290M.

The Bollinger bands are far apart, showing high volatility levels on NEAR Price as the Relative Strength Index (RSI) moves above the average line in the overbought region, showing bull dominance on NEAR price.

NEAR 1-day chart | Source: Tradingview

CyberConnect price analysis

CryberConnect (CYBER) has also started on bull activity, as CYBER price stood at $6.7 after recording a daily increase of 9%, as the weekly drop now stands at 5.5%. ETH’s trade volume dropped by 55% during the same period and is presently at $97.9M.

The Bollinger bands are diverging, showing high volatility levels on CYBER Price as the Relative Strength Index (RSI) moves above the average line close to the overbought region, showing bull dominance on CYBER price.

CYBER 1-day chart | Source: Tradingview

Solana price analysis

Solana (SOL) has also started on bull activity, as Solana price stood at $42.8 after recording a daily increase of 11%, as the weekly rise now stands at 30%. SOL’s trade volume jumped by 155% during the same period and is presently at $3.8B.

The Bollinger bands are diverging, showing high volatility levels on Solana Price as the Relative Strength Index (RSI) moves above the average line close to the overbought region, showing bull dominance on Solana price.

SOL 1-day chart | Source: Tradingview

Source: https://blockchainreporter.net/daily-analysis-btc-eth-near-cyber-sol/