Daily Analysis: BTC, ETH, BNB, WLD, SKL
Markets are on bull activity today, with the global market cap sitting 1.52% above its previous 24-hour mark, as the total cap stands at $1.42T as of press time. The fear and greed index is at 74, as greed still dominates. The global trading volume is 3.9% up in 24 hours, at $39.9B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on bull activity, as Bitcoin price stood at $37.2K as of press time after recording a daily increase of 0.3% and a weekly drop of 1.55%. As a result of the Bitcoin price, the token’s trade volume jumped by 46% during the same period and is presently at $20.7B.
The Bollinger bands are close, showing low volatility levels on Bitcoin Price. However, the Relative Strength Index (RSI) is below the average line, showing bear activity on Bitcoin price despite the rise.
Ethereum price analysis
Ethereum (ETH) has also started on minor bull activity, as Ethereum price stood at $2006 after recording a daily increase of 0.03%, as the weekly drop now stands at 2.5%. ETH’s trade volume jumped by 65% during the same period, presently at $12.9M.
The Bollinger bands are far apart, showing high volatility levels on Ethereum Price as the Relative Strength Index (RSI) is below the average line, showing bear activity on Ethereum price despite the rise.
BNB price analysis
BNB (BNB) has also started on bull activity, as BNB price stood at $257 after recording a daily increase of 4.3%, as the weekly rise now stands at 5.5%. BNB’s trade volume jumped by 155% during the same period, presently at $1.5M.
The Bollinger bands are far apart, showing high volatility levels on BNB Price as the Relative Strength Index (RSI) is above the average line, close to the overbought region, showing bull dominance on BNB price.
Worldcoin price analysis
Worldcoin (WLD) has also started on bull activity, as Worldcoin price stood at $2.4 after recording a daily increase of 2.9%, as the weekly rise now stands at 6.9%. WLD’s trade volume jumped by 13% during the same period, presently at $323M.
The Bollinger bands are diverging, showing high volatility levels on Worldcoin Price as the Relative Strength Index (RSI) is above the average line, showing bull activity on Worldcoin price despite the rise.
Skale price analysis
Skale (SKL) has started on massive bull activity, as Skale price stood at $0.063 after recording a daily increase of 43%, as the weekly rise now stands at an impressive 115%. SKL’s trade volume jumped by 167% during the same period, presently at $306M.
The Bollinger bands are diverging, showing high volatility levels on Skale Price as the Relative Strength Index (RSI) is above the average line in the overbought region, showing bull dominance on Skale price.