Markets are riding on slight bull activity, with the global market cap sitting 0.17% above its previous 24-hour mark as the total cap stands at $1.04T as of press time. The fear and greed index is still at 35.
Bitcoin price analysis
Bitcoin (BTC) has encountered minor bear activity, as Bitcoin price stands at $26.21K after recording a daily increase of 1.7%, and the weekly increase now stands at 0.92%. Bitcoin’s trade volume jumped by 1.9% during the same period and is presently at $12.3B.
The Bollinger bands are now moving at a close distance, showing low volatility levels. The Relative Strength Index (RSI) is above its average as bulls dominate. The MACD also moves in the green zone.
Ethereum price analysis
Ethereum (ETH) has also encountered minor bull activity, as Ethereum price stood at $1644 after recording a daily increase of 0.48%, as the weekly rise now stands at 0.02%. ETH’s trade volume dropped by 2.4% during the same period and is presently at $5.1B.
The Bollinger bands maintain a close distance, showing low volatility levels. The Relative Strength Index (RSI) is above average as bulls fight for dominance. The MACD also moves in the green zone close to the neutral line.
Ton Coin (TON) analysis
TON has, however, started on bear activity, trading at $1.78 after recording a daily decrease of 4.8%, as the weekly rise now stands at 3.8%. TON’s trade volume jumped by 2.4% during the same period and is presently at $23.2M.
The Bollinger bands are moving far from each other, showing high volatility levels. The Relative Strength Index (RSI) is below its average line as bears now fight for dominance while the MACD approaches a shift to the red zone.
XDC Network (XDC) analysis
XDC has started on bull activity, trading at $0.05762 after recording a daily increase of 6.45%, as the weekly rise now stands at 0.16%. XDC’s trade volume dropped by 0.4% during the same period and is presently at $8.6M.
The Bollinger bands are close to each other, showing low volatility levels. The Relative Strength Index (RSI) is above its average line as bulls dominate while the MACD approaches a shift to the green zone.
Render (RNDR) analysis
RNDR has started on bull activity, trading at $1.48 after recording a daily increase of 4.8%, as the weekly rise now stands at 10%. XDC’s trade volume jumped by 58% during the same period and is presently at $33.9M.
The Bollinger bands are close to each other, showing low volatility levels as the Relative Strength Index (RSI) moves above its average line as bulls dominate while the MACD moves in the green zone.
Source: https://blockchainreporter.net/daily-analysis-btc-eth-ton-xdc-rndr/