Markets are on massive bull activity today, with the global market cap sitting 7.4% above its previous 24-hour mark, as the total cap still stands at $1.25T as of press time. The fear and greed index is at 67 as greed takes over markets. The global trading volume is 67% up in 24 hours, at $81.9B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on massive bull activity, as Bitcoin price stood at $33.9K as of press time after recording a daily increase of 10% and a weekly rise of 20%. As a result of the Bitcoin price, the token’s trade volume jumped by 218% during the same period and is presently at $46.7B.
The Bollinger bands are now diverging, showing high volatility levels on Bitcoin Price. The Relative Strength Index (RSI) is above the average line in the overbought, showing bull dominance on Bitcoin price.
Ethereum price analysis
Ethereum (ETH) is also riding on bull activity, as Ethereum price stood at $1810 after recording a daily increase of 7%, as the weekly rise now stands at 14%. ETH’s trade volume jumped by 143% during the same period and is presently at $16.7B.
The Bollinger bands are diverging, 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.
Filecoin price analysis
Filecoin (FIL) is also a top gainer today, riding on bull activity, as Filecoin price stood at $3.7 after recording a daily increase of 8.6%, as the weekly rise now stands at 17.5%. FIL’s trade volume jumped by 119% during the same period and is presently at $259M.
The Bollinger bands are diverging, showing high volatility levels on Filecoin Price as the Relative Strength Index (RSI) moves above the average line in the overbought region, showing bull dominance on Filecoin price.
Injective price analysis
Injective (INJ) is also riding on bull activity, as Injective price stood at $11.08 after recording a daily increase of 15.3%, as the weekly rise now stands at 41%. INJ’s trade volume jumped by 238% during the same period and is presently at $1286M.
The Bollinger bands are diverging, showing high volatility levels on Injective Price as the Relative Strength Index (RSI) moves above the average line in the overbought region, showing bull dominance on INJ price.
Mina price analysis
Mina (MINA) is also riding on massive bull activity, as Mina price stood at $0.573 after recording a daily increase of 39%, as the weekly rise now stands at 55%. MINA’s trade volume jumped by 1292% during the same period and is presently at $169M.
The Bollinger bands are diverging, showing high volatility levels on Mina Price as the Relative Strength Index (RSI) moves above the average line in the overbought region, showing bull dominance on Mina price.
Source: https://blockchainreporter.net/daily-analysis-btc-eth-fil-inj-mina/