Markets are still riding on bear activity today, with the global market cap sitting 0.66% below its previous 24-hour mark, as the total cap still stands at $1.08T as of press time. The fear and greed index has dropped back to 44.
Bitcoin price analysis
Bitcoin (BTC) has started on slight bull activity today, as Bitcoin price stood at $27.5K as of press time after recording a daily increase of 0.57% and a weekly rise of 4.2%. As a result of the Bitcoin price, the token’s trade volume dropped by 7% during the same period and is presently at $10.5B.
The Bollinger bands are now diverging, showing rising volatility levels on Bitcoin Price as the Relative Strength Index (RSI) moves above the average line showing bull effect on Bitcoin price.
BTC 1-day chart | Source: TradingView Ethereum price analysis
Ethereum (ETH) is riding on bear activity, as Ethereum price stood at $1635 after recording a daily decrease of 0.5%, as the weekly rise now stands at 1.09%. ETH’s trade volume dropped by 12% during the same period and is presently at $4.6B.
The Bollinger bands are now diverging, showing rising volatility levels on Ethereum Price. The Relative Strength Index (RSI) is still above the average line, showing some bull effects on Ethereum price despite today’s price drop.
ETH 1-day chart | Source: TradingView Ripple price analysis
Ripple (XRP) is riding on bear activity, as Ripple price stood at $0.52 after recording a daily decrease of 1.5%, as the weekly rise now stands at 5.2%. ETH’s trade volume dropped by 37% during the same period and is presently at $1.03B.
The Bollinger bands are now moving at a close distance, showing stable volatility levels on Ripple Price. The Relative Strength Index (RSI) is above the average line, showing bull effects on Ripple price.
XRP 1-day chart | Source: TradingView Raydium price analysis
Raydium (RAY) is on massive bear activity, as Raydium price stood at $13.5 after recording a daily decrease of 13.5%, as the weekly rise now stands at 8.2%. RAY’s trade volume dropped by 69% during the same period and is presently at $13.5M.
The Bollinger bands are now moving diverging, showing rising volatility levels on Raydium Price. The Relative Strength Index (RSI) is above the average line, showing bull effects on Raydium price.
RAY 1-day chart | Source: TradingView IOTA price analysis
IOTA (MIOTA) is on bull activity, as IOTA price stood at $0.1529 after recording a daily increase of 1.29%, as the weekly rise now stands at 1%. MIOTA’s trade volume jumped by 15% during the same period and is presently at $5.8M.
The Bollinger bands are now moving converging, showing rising volatility levels on IOTA Price. The Relative Strength Index (RSI) is above the average line, showing bull effects on IOTA price.
MIOTA 1-day chart | Source: TradingView