Markets are on slight bearl activity today, with the global market cap sitting 0.09% below its previous 24-hour mark, as the total cap stands at $1.61T as of press time. The fear and greed index is 77, as greed dominates again. The global trading volume is 6.5% up in 24 hours, at $68.8B as of press time.
Bitcoin Price Analysis
Bitcoin (BTC) is riding on bull activity, as the Bitcoin price stood at $42.6K as of press time after recording a daily decrease of 0.52% and a weekly drop of 1.3%. As a result of the Bitcoin price, the token’s trade volume jumped by 1.5% during the same period and is presently at $25.3B.
The Bollinger bands are far apart, showing high volatility levels on the Bitcoin price. The Relative Strength Index (RSI) is below the average line, showing bear activity on the Bitcoin price.
Ethereum Price Analysis
Ethereum (ETH) is also riding on bear activity, as the Ethereum price stood at $2,270 as of press time after recording a daily decrease of 0.4% and a weekly drop of 3.5%. As a result of the Ethereum price, the token’s trade volume jumped by 16% during the same period and is presently at $13B.
The Bollinger bands are far, showing high volatility levels on the Ethereum price. The Relative Strength Index (RSI) is below the average line, showing bear activity on the Ethereum price.
Woo Network Price Analysis
Woo Network (WOO) is, however, riding on bull activity, as the Ethereum price stood at $0.371 as of press time after recording a daily increase of 15% and a weekly rise of 51%. As a result of the Woo Network price, the token’s trade volume jumped by 118% during the same period and is presently at $153M.
The Bollinger bands are diverging, showing high volatility levels on the Woo Network price. The Relative Strength Index (RSI) is above the average line in the overbought region, showing bull dominance on the Woo Network price.
Helium (HNT) Price Analysis
Helium (HNT) is also riding on bull activity, as the Helium price stood at $6.35 as of press time after recording a daily increase of 25% and a weekly rise of 0.01%. As a result of the Heleium price, the token’s trade volume jumped by 341% during the same period and is presently at $56M.
The Bollinger bands are diverginh, showing high volatility levels on the Heleium price. The Relative Strength Index (RSI) is above the average line in the overbought region, showing bull activity on the Helium price.
Fantom Price Analysis
Fantom (FTM) is also riding on bull activity, as the Fantom price stood at $0.417 as of press time after recording a daily increase of 3.8% and a weekly rise of 18%. As a result of the Fantom price, the token’s trade volume jumped by 75% during the same period and is presently at $220M.
The Bollinger bands are diverging, showing high volatility levels on the Fantom price. The Relative Strength Index (RSI) shows bull dominance as it moves above the average line.
Source: https://blockchainreporter.net/daily-analysis-btc-eth-woo-hnt-ftm/