Markets are on bull activity today, with the global market cap sitting 2.8% above its previous 24-hour mark, as the total cap stands at $1.52T as of press time. The fear and greed index is 75, as greed now dominates. The global trading volume is 12% up in 24 hours, at $49.4B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on bull activity, as the Bitcoin price stood at $41.5K as of press time after recording a daily increase of 5.8% and a weekly rise of 11.13%. As a result of the Bitcoin price, the token’s trade volume jumped by 61% during the same period and is presently at $25.5B.
The Bollinger bands are diverging, showing high volatility levels on the Bitcoin price. The Relative Strength Index (RSI) is above the average in the overbought region, showing bull dominance on the Bitcoin price.
Ethereum price analysis
Ethereum (ETH) has also started on bull activity, as the Ethereum price stood at $2251 as of press time after recording a daily increase of 4% and a weekly rise of 9.8%. As a result of the Ethereum price, the token’s trade volume jumped by 18% during the same period and is presently at $11.5B.
The Bollinger bands are diverging, showing high volatility levels on the Ethereum price. The Relative Strength Index (RSI) is above the average in the overbought region, showing bull dominance on the Ethereum price.
Kapsa price analysis
Kaspa (KAS) has also begun on bull activity, as the Kaspa price stood at $0.149 as of press time after recording a daily increase of 5.7% and a weekly rise of 14%. As a result of the Kaspa price, the token’s trade volume jumped by 32% during the same period and is presently at $59.5M.
The Bollinger bands are converging, showing low volatility levels on the Kaspa price. The Relative Strength Index (RSI) is above the average, close to the overbought region, showing bull activity on the Kaspa price despite today’s drop.
Stacks price analysis
Stacks (STX) has also begun on bull activity, as the Stacks price stood at $0.828 as of press time after recording a daily increase of 0.39% and a weekly rise of 23%. As a result of the Stacks price, the token’s trade volume jumped by 6% during the same period and is presently at $133.3M.
The Bollinger bands are diverging, showing high volatility levels on the Stacks price. The Relative Strength Index (RSI) is above the average, close to the overbought region, showing bull activity on the Stacks price despite today’s drop.
Terra price analysis
Terra (LUNA) has also begun on bull activity, as the LUNA price stood at $1.17 as of press time after recording a daily increase of 40% and a weekly rise of 36%. As a result of the Terra price, the token’s trade volume jumped by 310% during the same period and is presently at $570.3M.
The Bollinger bands are diverging, showing high volatility levels on the Terra price. The Relative Strength Index (RSI) is above the average in the overbought region, showing bull activity on the Terra price.
Source: https://blockchainreporter.net/daily-analysis-btc-eth-kas-stx-luna/