BTC, ETH, NEAR, SOL, AVAX

Markets are on bull activity today, with the global market cap sitting 2.3% above its previous 24-hour mark, as the total cap stands at $1.64T as of press time. The fear and greed index is 74, as greed dominates markets. The global trading volume is 20% down in 24 hours, at $70.9B as of press time.         

Bitcoin Price Analysis

Bitcoin (BTC) is riding on bull activity, as the Bitcoin price stood at $43.8K as of press time after recording a daily increase of 2.3% and a weekly rise of 2.19%. As a result of the Bitcoin price, the token’s trade volume jumped by 37% during the same period and is presently at $28.8B.

The Bollinger bands are converging, showing low volatility levels on the

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

Ethereum Price Analysis

Ethereum (ETH) is also riding on slight bull activity, as the Ethereum price stood at $2,217 as of press time after recording a daily increase of 0.22% and a weekly drop of 2.7%. As a result of the Ethereum price, the token’s trade volume jumped by 27% during the same period and is presently at $12.9B.

The Bollinger bands are converging, showing low volatility levels on the

. The Relative Strength Index (RSI) is still below the average line, showing bear activity on the Ethereum price despite the minor bull activity.

NEAR Protocol Price Analysis

NEAR Protocol (NEAR) is also riding on bull activity, as the NEAR price stood at $3.1 as of press time after recording a daily increase of 12.3% and a weekly rise of 39%. As a result of the NEAR price, the token’s trade volume jumped by 44% during the same period and is presently at $647M.

The Bollinger bands are diverging, showing high volatility levels on the NEAR price. The Relative Strength Index (RSI) is above the average line in the overbought region, showing bull dominance on the NEAR price.

Solana Price Analysis

Solana (SOL) is also riding on bull activity, as the Solana price stood at $86.84 as of press time after recording a daily increase of 14.2% and a weekly rise of 21%. As a result of the Solana price, the token’s trade volume jumped by 120% during the same period and is presently at $4.3B.

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

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

Avalanche Price Analysis

Avalanche (AVAX) is also riding on bull activity, as the Avalanche price stood at $45.5 as of press time after recording a daily increase of 8.8% and a weekly rise of 17.3%. As a result of the Avalanche price, the token’s trade volume jumped by 10% during the same period and is presently at $1.8B.

The Bollinger bands are diverging, showing high volatility levels on the Avalanche price. The Relative Strength Index (RSI) is in the overbought region but moving below the average line, showing bear activity on the Avalanche price despite the rise.