Markets are still on slight bull activity today, with the global market cap sitting 0.01% above its previous 24-hour mark, as the total cap stands at $1.65T as of press time. The fear and greed index is 57, as fear creeps in again. The global trading volume is 17% down in 24 hours, at $37.8B as of press time.
Bitcoin Price Analysis
Bitcoin (BTC) is facing slight bull activity, as the Bitcoin price stood at $43K as of press time after recording a daily increase of 0.9% and a weekly rise of 3.15%. As a result of the Bitcoin price, the token’s trade volume dropped by 25% during the same period and is presently at $14.8B.
An in-depth analysis of 24-hour BTC/USD charts shows that the bears are now in control, as seen from the Relative Strength Index indicator, which has deviated from its northern trajectory. At the same time, the MACD reverts to the red zone, backing the bearish prospects on the Bitcoin price.
Ethereum Price Analysis
However, Ethereum (ETH) has failed to post gains, as the Ethereum price stood at $2,306 as of press time after recording a daily decrease of 1% and a weekly drop of 1.6%. As a result of the Ethereum price, the token’s trade volume dropped by 27% during the same period and is presently at $5.7B.
An in-depth analysis of 24-hour ETH/USD charts shows that the bulls are now in control, as seen from the Relative Strength Index indicator, which headed the northern trajectory as it approaches a cross-over above 50. At the same time, the MACD reverts to the green zone, backing the bullish prospects on the Ethereum price.
Manta Network Price Analysis
Manta Network (MANTA) is facing mild gains, as the MANTA price stood at $2.95 as of press time after recording a daily decrease of 0.5% and a weekly drop of 18.6%. As a result of the MANTA price, the token’s trade volume dropped by 28% during the same period and is presently at $191M.
An in-depth analysis of 3-hour MANTA/USD charts shows that the bulls are now in control, as seen from the Relative Strength Index indicator, which headed the northern trajectory as it heads for 50. At the same time, the MACD is in the green zone, backing the bullish prospects on the Manta Network price.
Aptos Price Analysis
Aptos (APT) is also a gainer today, as the Aptos price stood at $9.53 as of press time after recording a daily increase of 3.7% and a weekly rise of 5%. As a result of the Aptos price, the token’s trade volume dropped by 4% during the same period and is presently at $162M.
An in-depth analysis of 24-hour ETH/USD charts shows that the bulls are now in control, as seen from the Relative Strength Index indicator, which headed the northern trajectory as it heads for the overbought region. At the same time, the MACD moves in the green zone, backing the bullish prospects on the Aptos price.
Filecoin Price Analysis
Filecoin (FIL) has managed to post minor gains, as the Filecoin price stood at $5.18 as of press time after recording a daily increase of 4.4% and a weekly drop of 1.1%. As a result of the Filecoin price, the token’s trade volume jumped by 37% during the same period and is presently at $146M.
An in-depth analysis of 24-hour FIL/USD charts shows that the bulls are now in control, as seen from the Relative Strength Index indicator, which headed the northern trajectory as it approaches a cross-over above 50. At the same time, the MACD reverts to the green zone, backing the bullish prospects on the Filecoin price.
Source: https://blockchainreporter.net/daily-analysis-btc-eth-manta-apt-fil/