Markets are on bear activity today, with the global market cap sitting 0.03% below its previous 24-hour mark, as the total cap stands at $1.26T as of press time. The fear and greed index is at 71, as greed now dominates. The global trading volume is 33% down in 24 hours, at $33.4B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on slight bull activity, as Bitcoin price stood at $34.1K as of press time after recording a daily increase of 0.43% and a weekly rise of 14.6%. As a result of the Bitcoin price, the token’s trade volume dropped by 41% during the same period and is presently at $8.7B.
The Bollinger bands are now diverging, showing high volatility levels on Bitcoin Price. The Relative Strength Index (RSI) is above the average line in the overbought, showing bull dominance on Bitcoin price.
BTC 1-day chart | Source: TradingView Ethereum price analysis
Ethereum (ETH) has also started on slight bull activity, as Ethereum price stood at $1791 after recording a daily increase of 0.11%, as the weekly rise now stands at 9.7%. ETH’s trade volume dropped by 44% during the same period and is presently at $3.7B.
The Bollinger bands diverge, showing high volatility levels on Ethereum Price as the Relative Strength Index (RSI) moves above the average line close to the overbought region, showing bull dominance on Ethereum price.
ETH 1-day chart | Source: TradingView Ripple price analysis
Ripple (XRP) has also started on bull activity, as Ripple price stood at $0.55 after recording a daily increase of 1.37%, as the weekly rise now stands at 7.3%. XRP’s trade volume dropped by 34% during the same period and is presently at $546.9M.
The Bollinger bands are slightly diverging, showing high volatility levels on Ripple Price as the Relative Strength Index (RSI) moves above the average line close to the overbought region, showing bull dominance on Ripple price.
XRP 1-day chart | Source: TradingView Filecoin price analysis
Filecoin (FIL) has also started on bull activity, as Filecoin price stood at $3.7 after recording a daily increase of 3%, as the weekly rise now stands at 12%. FIL’s trade volume dropped by 7% during the same period and is presently at $74M.
The Bollinger bands diverge, showing high volatility levels on Filecoin Price as the Relative Strength Index (RSI) moves above the average line close to the overbought region, showing bull dominance on Filecoin price.
FIL 1-day chart | Source: TradingView Internet Computer price analysis
Internet Computer (ICP) has also started on notable bull activity, as ICP price stood at $3.8 after recording a daily decrease of 7.3%, as the weekly rise now stands at 22%. ICP’s trade volume jumped by 23% during the same period and is presently at $28M.
The Bollinger bands diverge, showing high volatility levels on ICP Price as the Relative Strength Index (RSI) moves above the average line in the overbought region, showing bull dominance on ICP price.
ICP 1-day chart | Source: TradingView