Markets are riding on slight bull activity, with the global market cap sitting 0.61% above its previous 24-hour mark as the total cap stands at $1.03T as of press time. The fear and greed index is now at 33 as fear reduces.
Bitcoin price analysis
Bitcoin (BTC) has encountered minor bull activity, as Bitcoin price stands at $26.07K after recording a daily increase of 1%, and the weekly rise now stands at 1.26%.As a result of the Bitcoin price, the token’s trade volume dropped by 11% during the same period and is presently at $15.9B.
The Bollinger bands are now moving at a close distance, showing low volatility levels on Bitcoin Price. The Relative Strength Index (RSI) is above the average line as bulls now dominate as the MACD moves in the green zone, showing some bull effect on Bitcoin price.
Ethereum price analysis
Ethereum (ETH) has also encountered slight bull activity, as Ethereum price stood at $1584 after recording a daily increase of 0.37%, as the weekly drop now stands at 2.6%. ETH’s trade volume jumped by 34% during the same period and is presently at $5.8B.
The Bollinger bands are now diverging, showing increasing volatility levels on Ethereum price. The Relative Strength Index (RSI) is below the average line as it approaches a shift above it, while the MACD moves in the red zone close to the green zone showing slight bull action Ethereum price.
Toncoin price analysis
Toncoin (TON) is riding on massive bull activity, as Toncoin price stood at $1.93 after recording a daily increase of 14%, as the weekly rise now stands at 10%. TON’s trade volume jumped by 97% during the same period and is presently at $57.7MB.
The Bollinger bands are moving far from each other, showing high volatility levels on Toncoin price. The Relative Strength Index (RSI) is below the average line as it approaches a shift above it, while the MACD moves in the red zone close to the green zone showing bull action Toncoin price.
Litecoin price analysis
Litecoin (LTC) has also encountered slight bull activity, as Litecoin price stood at $60.4 after recording a daily increase of 1.37%, and the weekly drop now stands at 3.9%. LTC’s trade volume jumped by 10% during the same period and is presently at $313M.
The Bollinger bands are now slightly diverging, showing increasing volatility levels on Litecoin price. The Relative Strength Index (RSI) is below the average line as it approaches a shift above it, while the MACD moves in the green zone showing bull action Litecoin price.
Bitcoin Cash price analysis
Bitcoin Cash (BCH) has also encountered bull activity, as Bitcoin Cash price stood at $200.2 after recording a daily increase of 5.16%, and the weekly rise now stands at 4.08%. BCH’s trade volume jumped by 70% during the same period and is presently at $363.8M.
The Bollinger bands are now moving close to each other, showing low volatility levels on Bitcoin Cash price. The Relative Strength Index (RSI) is above the average line, while the MACD moves in the green zone, showing bull action Bitcoin Cash price.
Source: https://blockchainreporter.net/daily-analysis-btc-eth-ton-ltc-bch/