Markets are still riding on bull activity today amid fake news of Blackrock’s ETF proposal getting approval, with the global market cap sitting 1.09% above its previous 24-hour mark, as the total cap still stands at $1.09T as of press time. The fear and greed index is still at 47 as markets maintain neutrality. The global trading volume is 138% up in 24 hours, at $58.5B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on bull activity again, as Bitcoin price stood at $28.6K as of press time after recording a daily increase of 1.79% and a weekly rise of 5.83%. As a result of the Bitcoin price, the token’s trade volume dropped by 40% during the same period and is presently at $15.36B.
The Bollinger bands are now diverging, showing increasing volatility levels on Bitcoin Price. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull activity on Bitcoin price.
Ethereum price analysis
However, Ethereum (ETH) is riding on slight bear activity, as Ethereum price stood at $1573 after recording a daily decrease of 0.7%, as the weekly rise now stands at 1.17%. ETH’s trade volume dropped by 37% during the same period and is presently at $5B.
The Bollinger bands are now diverging, showing high volatility levels on Ethereum Price as the Relative Strength Index (RSI) moves above the average line, showing some bull effects on Ethereum price despite the short dip.
Orbs price analysis
Orbs (ORBS) is riding on slight bull activity, as Orbs price stood at $0.056 after recording a daily decrease of 5.87%, as the weekly rise now stands at 127%. Orbs’ trade volume jumped by 142% during the same period and is presently at $868M.
The Bollinger bands are now diverging, showing high volatility levels on Orbs Price as the Relative Strength Index (RSI) moves above the average line in the overbought region, showing bull dominance on Orbs price.
Viberate price analysis
Viberate (VIB) is also riding on bull activity, as Viberate price stood at $ 0.104 after recording a daily decrease of 71%, as the weekly rise now stands at 142%. VIB’s’s trade volume jumped by a massive 1928% during the same period and is presently at $144.9M.
The Bollinger bands are now diverging, showing high volatility levels on Viberate Price as the Relative Strength Index (RSI) moves above the average line in the overbought region, showing total bull dominance on Viberate price.
Apecoin price analysis
Apecoin (APE) is also riding on bull activity, as Apecoin price stood at $1.12 after recording a daily decrease of 4.3%, as the weekly rise now stands at 4.3%. APE’s trade volume jumped by 136% during the same period and is presently at $84.4M.
The Bollinger bands are moving close to each other, showing low volatility levels on Apecoin Price as the Relative Strength Index (RSI) moves above the average line, showing bull effects on Apecoin price.
Source: https://blockchainreporter.net/daily-analysis-btc-eth-orbs-vib-ape/