Markets are on bull activity today, with the global market cap sitting 0.28% above its previous 24-hour mark, as the total cap stands at $1.4T as of press time. The fear and greed index is at 72, as greed still dominates. The global trading volume is 22% down in 24 hours, at $34.3B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on bull activity, as Bitcoin price stood at $37.2K as of press time after recording a daily increase of 1.55% and a weekly drop of 0.55%. As a result of the Bitcoin price, the token’s trade volume jumped by 23% during the same period and is presently at $14.1B.
The Bollinger bands are close, showing low volatility levels on Bitcoin Price. However, despite the rise, the Relative Strength Index (RSI) is below the average line, showing bear activity on Bitcoin price.
Ethereum price analysis
Ethereum (ETH) has also started on bull activity, as Ethereum price stood at $2014 after recording a daily increase of 2.5%, as the weekly drop now stands at 1.7%. ETH’s trade volume jumped by 5% during the same period, presently at $7.9M.
The Bollinger bands are far apart, showing high volatility levels on Ethereum Price as the Relative Strength Index (RSI) is below the average line, showing bear activity on Ethereum price despite the rise.
Lido DAO price analysis
Lido DAO (LDO) has also started on bull activity, as LDO price stood at $2.46 after recording a daily increase of 7.89%, as the weekly drop now stands at 9.3%. LDO’s trade volume dropped by 8.7% during the same period, presently at $92.7M.
The Bollinger bands are far apart, showing high volatility levels on LDO Price as the Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on LDO price.
Immutable price analysis
Immutable (IMX) has also started on bull activity, as the Immutable price stood at $12.7 after recording a daily increase of 12.2%, as the weekly drop now stands at 22%. IMX’s trade volume jumped by 181% during the same period, presently at $247M.
The Bollinger bands are far apart, showing high volatility levels on Immutable Price as the Relative Strength Index (RSI) is above the average line in the overbought region, showing bull dominance on Immutable price.
The Graph price analysis
The Graph (GRT) has also started on bull activity, as The Graph price stood at $0.13 after recording a daily increase of 8.4%, and the weekly drop now stands at 5%. GRT’s trade volume jumped by 72% during the same period, presently at $7.5M.
The Bollinger bands are far apart, showing high volatility levels on The Graph Price as the Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on The Graph price.
Source: https://blockchainreporter.net/daily-analysis-btc-eth-ldo-imx-grt/