Bitcoin price analysis
As the first week of trading Bitcoin ETFs ends, Bitcoin (BTC) failed to register gains from its previous seven-day price. As of press time, the Bitcoin price stood at $41.76K, representing a drop of 2.6% in the last seven days. The market cap stood at $817 billion.
Looking at weekly charts, the Relative Strength Index indicator is now moving south as it approaches an exit from the overbought region, showing that bears had control of the crypto king over the period. The MACD indicator is also reverting towards the red zone, as bear sentiment generally dominated the Bitcoin price over the Seven days.
Ethereum price analysis
Ethereum (ETH) failed to post gains despite the growing anticipation for Ethereum ETFs. As of press time, the Ethereum price stood at $2471, representing a 2.5% dump in the last seven days. The market cap stood at $297 billion.
Looking at weekly charts, the Relative Strength Index indicator is moving north as it approaches an entry into the overbought region, showing bull dominance on the Ethereum price over the seven days. The MACD indicator is also in the green zone, showing bull dominance of the Ethereum price over the week despite the general price drop.
Astar price analysis
Astar (ASTR) emerges as our first top gainer of the week. As of press time, the Astar price stood at $0.193, representing a 31% pump in the last seven days. The market cap stood at $1 billion.
Looking at weekly charts, the Relative Strength Index indicator is moving north in the overbought region, showing bull dominance on the Astar price over the seven days. The MACD indicator is also in the green zone, backing the bull dominance prospects on the Astar price over the week.
Chiliz price analysis
Chiliz (CHZ) emerges as our second top gainer of the week. As of press time, the Chiliz price stood at 0.1054, representing a 22% pump in the last seven days. The market cap stood at $202 million.
Looking at weekly charts, the Relative Strength Index indicator moves north as it heads for the overbought region, showing bull dominance on the Chiliz price over the seven days. The MACD indicator is also in the green zone, backing the bull dominance prospects on the Chiliz price over the seven days.
Flare price analysis
Flare (FLR) emerges as our last top gainer of the week. As of press time, the Flare price stood at 0.022, representing a 26% pump in the last seven days. The market cap stood at $733 million.
Looking at weekly charts, the Relative Strength Index indicator moves north as it heads for the overbought region, showing bull dominance on the Flare price over the seven days. The MACD indicator is also in the green zone, backing the bull dominance prospects on the Flare price over the seven days.
Source: https://blockchainreporter.net/weekly-analysis-btc-eth-astr-chz-flr/