Markets are on bear activity today, with the global market cap sitting 0.5% below its previous 24-hour mark, as the total cap stands at $1.43T as of press time. The fear and greed index is 70, as greed now fades away. The global trading volume is 18% down in 24 hours, at $45.7B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on bull activity, as the Bitcoin price stood at $38.1K as of press time after recording a daily increase of 0.51% and a weekly rise of 1.99%. As a result of the Bitcoin price, the token’s trade volume dropped by 5% during the same period and is presently at $19.5B.
The Bollinger bands are close, showing low volatility levels on the Bitcoin price. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on the Bitcoin price.
IOTA price analysis
IOTA (IOTA) has started on bull activity, as the IOTA price stood at $0.236 as of press time after recording a daily increase of 2% and a weekly rise of 31%. As a result of the IOTA price, the token’s trade volume dropped by 64% during the same period and is presently at $268M.
The Bollinger bands diverging, showing high volatility levels on the IOTA price. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on the IOTA price.
Celestia price analysis
Celestia (TIA) has also started on bull activity, as the Celestia price stood at $7.04 as of press time after recording a daily increase of 15% and a weekly rise of 26%. As a result of the Celestia price, the token’s trade volume jumped by 30% during the same period and is presently at $174M.
The Bollinger bands are close, showing low volatility levels on the TIA price. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on the Celestia price.
Ripple price analysis
Ripple (XRP) has started on bull activity, as the Ripple price stood at $0.609 as of press time after recording a daily increase of 0.77% and a weekly drop of 1.8%. As a result of the Ripple price, the token’s trade volume dropped by 10% during the same period and is presently at $941M.
The Bollinger bands are converging, showing low volatility levels on the Ripple price. The Relative Strength Index (RSI) is below the average line, showing bear activity on the Ripple price despite the rise.
Cosmos price analysis
Cosmos (ATOM) has also started on bull activity, as the Cosmos price stood at $9.41 as of press time after recording a daily increase of 0.92% and a weekly rise of 6.1%. As a result of the Cosmos price, the token’s trade volume dropped by 12% during the same period and is presently at $143M.
The Bollinger bands are far apart, showing high volatility levels on the Cosmos price. The Relative Strength Index (RSI) is above the average line, showing bull dominance on the Cosmos price.
Source: https://blockchainreporter.net/daily-analysis-btc-iota-tia-xrp-atom/