Bitcoin price analysis
Bulls have dominated the past week ahead of another eventful week in the crypto space. Bitcoin (BTC) has seen bull activity this week, recording a weekly increase of 1.69% as Bitcoin price is at $34.9K. Bitcoin has a market cap of $682B as the trading volume stood at $12.3B as of press time.
Volatility on Bitcoin price for the week has been rising as the Bollinger bands slightly diverge. BTC’s relative strength indicator is above its average line in the overbought region, indicating bull dominance on Bitcoin price over the week.
Ethereum price analysis
Ethereum (ETH) has also seen bull activity over the week as the asset’s weekly rise now stands at 3.5%, as Ethereum price stood at $1,884. Ethereum has a current market cap of $226B, as the trading volume now stands at $8.12B.
Volatility levels on Ethereum price have been low over the week as the Bollinger bands move close to each other. The RSI indicator is above the average line, showing bull activity on Ethereum price.
Solana price analysis
Solana (SOL) has also seen bull activity over the week as the asset’s weekly rise now stands at 18% as Solana price stood at $40.12. Solana has a current market cap of $16.8B, as the trading volume now stands at $893M.
Volatility levels on Solana price have been high over the week as the Bollinger bands diverge. The RSI indicator is above the average line, showing bull activity on Solana price.
Chainlink price analysis
Chainlink (LINK) has also seen bull activity over the week as the asset’s weekly rise now stands at 10.4%, as Chainlink price stood at $12.43. Chainlink has a current market cap of $6.9B, as the trading volume now stands at $688M.
Volatility levels on Chainlink price have been high over the week as the Bollinger bands diverge. The RSI indicator is above the average line in the overbought region, showing bull activity on Chainlink price.
Polkadot price analysis
Polkadot (DOT) has also seen bull activity over the week as the asset’s weekly rise now stands at 11.6%, as Polkadot price stood at $4.8. Polkadot has a current market cap of $6.1B, as the trading volume now stands at $205M.
Volatility levels on Polkadot price have been low over the week as the Bollinger bands move close to each other. The RSI indicator is above the average line, showing bull activity over the week on Polkadot price.
Source: https://blockchainreporter.net/weekly-analysis-btc-eth-sol-link-dot/