As stats indicate, bulls are showing great dominance as markets pump. This is seen from the global market cap, which has jumped by 5.3% from its previous 24-hour mark, as the total cap stands at $1.73T as of press time. The fear and greed index is 74, as the greed sentiment now dominates.
Bitcoin Price Analysis
Bitcoin (BTC) is riding the bull wave as the Bitcoin price stood at $46.7K as of press time, representing a 4.2% increase in the last 24 hours, as the weekly rise also stood at 3.6%. Bitcoin’s trading volume has jumped by 27% to $39.2B.
The future price trajectory for Bitcoin looks uncertain as the Relative Strength Index indicator has reverted to a southern trajectory, indicating bear action on BTC. The MACD indicator, on the other hand, is moving in the green zone, showing bullish prospects for the Bitcoin price.
Celestia Price Analysis
Celestia (TIA) is another top gainer today as the Celestia price stood at $16 as of press time, representing an 18.6% increase in the last 24 hours, as the weekly rise also stood at 23%. Celestia’s trading volume has jumped by 24% to $480M.
The future price trajectory for Celestia looks bullish as bulls look in control. This is seen from the Relative Strength Index indicator, headed for the overbought region,, indicating buying pressure on TIA. The MACD indicator, on the other hand, is also moving in the green zone, backing bullish prospects on the Celestia price.
Bitcoin SV Price Analysis
Bitcoin SV (BSV) is another top gainer today as the Bitcoin SV price stood at $91.06 as of press time, representing an 18.9% increase in the last 24 hours to bring the weekly drop to 8%. BSV’s trading volume has jumped by 232% to $425M.
Looking at an in-depth analysis, the Bitcoin SV price short-term trajectory is currently uncertain. This is seen from the movement of the Relative Strength Index indicator, which is currently headed south, indicating buying pressure on BSV. The MACD indicator, on the other hand, is reverting toward the green zone, showing bullish prospects on the Bitcoin SV price.
Helium Price Analysis
Helium (HNT) is another top gainer today as the Helium price stood at $6.3 as of press time, representing a 22% increase in the last 24 hours to bring the weekly drop to 5%. Heleium’s trading volume has jumped by 169% to $43M.
The future price trajectory for Celestia looks bullish as bulls look in control. This is seen from the Relative Strength Index indicator, headed for the overbought region, indicating buying pressure on HNT. The MACD indicator, on the other hand, is also reverting toward the green zone, showing bullish pressure on the Helium price.
Bonk Price Analysis
Bonk (BONK) is our last top gainer of the day as the Bonk price stood at $0.00001307 as of press time, representing a 22% increase in the last 24 hours to bring the weekly drop to 6.8%. Bonk’s trading volume has jumped by 316% to $500M.
This surge in trading activities has caused a spike in volatility, as seen from the Bollinger Bands moving far apart. The future price trajectory for Bonk looks bullish as bulls look in control. This is seen from the Relative Strength Index indicator, which moves north as it exits the oversold region, indicating buying pressure on Bonk.
Source: https://blockchainreporter.net/daily-analysis-btc-tia-bsv-hnt-bonk/