Markets are riding on slight bear activity, with the global market cap sitting 0.26% below its previous 24-hour mark, as the total cap still stands at $1.06T as of press time. The fear and greed index is still at 38.
Bitcoin price analysis
Bitcoin (BTC) has encountered slight bull activity, as Bitcoin price stands at $26.5K after recording a daily increase of 0.71%, and the weekly rise now stands at 3.6%. As a result of the Bitcoin price, the token’s trade volume jumped by 15% during the same period and is presently at $7.8B.
The Bollinger bands are now converging, showing dropping volatility levels on Bitcoin Price. The Relative Strength Index (RSI) is above the average line as bulls continue to dominate while the MACD moves in the green zone, showing bull effects on Bitcoin price.
Ethereum price analysis
Ethereum (ETH) has also encountered slight bull activity, as Ethereum price stood at $1635 after recording a daily increase of 0.34%, as the weekly rise now stands at 1.5%. ETH’s trade volume jumped by 32% during the same period and is presently at $3.6B.
The Bollinger bands are now converging, showing dropping volatility levels on Ethereum Price. The Relative Strength Index (RSI) is above the average line as bulls continue to dominate while the MACD moves in the green zone, showing bull effects on Ethereum price.
Litecoin price analysis
Litecoin (LTC) has also encountered slight bull activity, as Litecoin price stood at $65 after recording a daily increase of 1.72%, and the weekly rise now stands at 5.9%. LTC’s trade volume dropped by 2.4% during the same period and is presently at $221M.
The Bollinger bands are now converging, showing dropping volatility levels on Litecoin Price. The Relative Strength Index (RSI) is above the average line as bulls now dominate while the MACD moves in the green zone, showing more bull action on Litecoin price.
Chainlink price analysis
Chainlink (LINK) is also riding on bull activity, as Chainlink price stood at $6.5 after recording a daily increase of 5.9% as the weekly rise stood at 9.8%. LINK’s trade volume jumped by 117% during the same period and is presently at $196M.
The Bollinger bands are diverging, showing increasing volatility levels on Chainlink Price. The Relative Strength Index (RSI) is above the average line as bulls dominate while the MACD moves in the green zone, showing bullish momentum on Chainlink price.
Filecoin price analysis
Filecoin (FIL) is riding on bullish momentum as well, as Filecoin price stood at $3.35 after recording a daily increase of 1.71% as the weekly rise stood at 8%. FIL’s trade volume jumped by 11% during the same period and is presently at $77M.
The Bollinger bands are converging, showing decreasing volatility levels on Filecoin Price. The Relative Strength Index (RSI) is above the average line as bulls dominate while the MACD moves in the green zone, showing bullish momentum on Filecoin price.
Source: https://blockchainreporter.net/daily-analysis-btc-eth-ltc-link-fil/