BTC, ETH, ADA, BNB, AVAX

Markets are on slight bull activity today, with the global market cap sitting 0.51% above its previous 24-hour mark, as the total cap stands at $1.58T as of press time. The fear and greed index is 74, as greed now fades. The global trading volume is 12% up in 24 hours, at $79.6B as of press time.         

Bitcoin Price Analysis

(BTC) is riding on bear activity, as the <div%20id=%22ccpw-price-label-60415%22%20class=%22ccpw-container%20price-label%20%22><div%20class=%22ccpw_react_widget%22%20id=%22ccpw_react_widgets_60415904538201%22%20data-attribute=%7B%22type%22:%22price-label%22,%22design%22:%22style-1%22,%22custom_currency%22:%5B%22bitcoin%22%5D,%22design_card%22:%22%22,%22column_card%22:%22%22,%22currency%22:%22USD%22,%22card_display_changes%22:%22%22,%22show_coins%22:%22custom%22,%22live_changes%22:%22on%22,%22label_24h_changes%22:%22%22,%22enable_formatting%22:%22%22%7D></div></div><style%20type=’text/css’>%0D%0A%09%09%09%20%20#ccpw-price-label-60415.price-label%20.row%20li,%0D%0A%09%09%09%20%20#ccpw-price-label-60415.price-label%20.row%20li.style-2%20.style-2%20.ccpw_icon%20%7Bbackground-color:#eee;%7D%0D%0A%09%09%09%20%20#ccpw-price-label-60415.price-label%20.row%20li%20span.name,%0D%0A%09%09%09%20%20#ccpw-price-label-60415.price-label%20.row%20li%20span.symbol,%0D%0A%09%09%09%20%20#ccpw-price-label-60415.price-label%20.row%20li%20span.ticker-price,%0D%0A%09%09%09%20%20#ccpw-price-label-60415.price-label%20.row%20li%20.ccpw-multi-price-text,%0D%0A%09%09%09%20%20#ccpw-price-label-60415.price-label%20.row%20li%20.style-4%20.live-pricing%20%7Bcolor:#000;%7D%0D%0A%09%09%20%20%09</style>-price/”> price stood at $41.2K as of press time after recording a daily decrease of 1.5% and a weekly drop of 5.9%. As a result of the price, the token’s trade volume dropped by 24% during the same period and is presently at $24.3B.

The Bollinger bands are far apart, showing high volatility levels on the

price. The Relative Strength Index (RSI) is below the average line, showing bear dominance on the price today.

BTC 1-day chart | Source: TradingView

Ethereum Price Analysis

(ETH) is also riding on slight bear activity, as the <div%20id=%22ccpw-price-label-60480%22%20class=%22ccpw-container%20price-label%20%22><div%20class=%22ccpw_react_widget%22%20id=%22ccpw_react_widgets_6048086679027%22%20data-attribute=%7B%22type%22:%22price-label%22,%22design%22:%22style-1%22,%22custom_currency%22:%5B%22ethereum%22%5D,%22design_card%22:%22%22,%22column_card%22:%22%22,%22currency%22:%22USD%22,%22card_display_changes%22:%22%22,%22show_coins%22:%22custom%22,%22live_changes%22:%22on%22,%22label_24h_changes%22:%22%22,%22enable_formatting%22:%22%22%7D></div></div><style%20type=’text/css’>%0D%0A%09%09%09%20%20#ccpw-price-label-60480.price-label%20.row%20li,%0D%0A%09%09%09%20%20#ccpw-price-label-60480.price-label%20.row%20li.style-2%20.style-2%20.ccpw_icon%20%7Bbackground-color:#eee;%7D%0D%0A%09%09%09%20%20#ccpw-price-label-60480.price-label%20.row%20li%20span.name,%0D%0A%09%09%09%20%20#ccpw-price-label-60480.price-label%20.row%20li%20span.symbol,%0D%0A%09%09%09%20%20#ccpw-price-label-60480.price-label%20.row%20li%20span.ticker-price,%0D%0A%09%09%09%20%20#ccpw-price-label-60480.price-label%20.row%20li%20.ccpw-multi-price-text,%0D%0A%09%09%09%20%20#ccpw-price-label-60480.price-label%20.row%20li%20.style-4%20.live-pricing%20%7Bcolor:#000;%7D%0D%0A%09%09%20%20%09</style>-price/”> price stood at $2,181 as of press time after recording a daily decrease of 2.1% and a weekly drop of 4%. As a result of the price, the token’s trade volume dropped by 12% during the same period and is presently at $12.2B.

The Bollinger bands are far, showing high volatility levels on the

price. The Relative Strength Index (RSI) is below the average line, showing bear dominance on the price.

ETH 1-day chart | Source: TradingView

Cardano Price Analysis

(ADA) is riding on bull activity, as the price stood at $0.5872 as of press time after recording a daily increase of 5.5% and a weekly rise of 46%. As a result of the price, the token’s trade volume dropped by 2.7% during the same period and is presently at $1.1B.

The Bollinger bands are far, showing high volatility levels on the

price. The Relative Strength Index (RSI) is above the average line in the overbought region, showing bull dominance on the price.

ADA 1-day chart | Source: TradingView

BNB Price Analysis

BNB (BNB) is riding on slight bull activity, as the BNB price stood at $249.4 as of press time after recording a daily increase of 0.1% and a weekly rise of 7%. As a result of the BNB price, the token’s trade volume dropped by 10% during the same period and is presently at $1.3B.

The Bollinger bands are far, showing high volatility levels on the BNB price. The Relative Strength Index (RSI) is above the average line, showing bull dominance on the BNB price.

BNB 1-day chart | Source: TradingView

Avalanche Price Analysis

However, Avalanche (AVAX) is riding on bear activity, as the Avalanche price stood at $35.97 as of press time after recording a daily decrease of 12.6 as it faces corrections after its recent pump saw it rise 37% in the last seven days. As a result of the Avalanche price, the token’s trade volume dropped by 34% during the same period and is presently at $2B.

The Bollinger bands are far, showing high volatility levels on the Avalanche price. The Relative Strength Index (RSI) is above the average line in the overbought region, showing bull activity on the Avalanche price despite today’s drop.

AVAX 1-day chart | Source: TradingView

Source: https://blockchainreporter.net/daily-analysis-btc-eth-ada-bnb-avax/