Daily Analysis: BTC, ETH, FTM, CHZ, PEPE
Markets are on bull activity today, with the global market cap sitting 1.9% above its previous 24-hour mark, as the total cap still stands at $1.16T as of press time. The fear and greed index is at 55 as markets maintain neutrality. The global trading volume is 15% down in 24 hours, at $44.4B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on bull activity, as Bitcoin price stood at $30.6K as of press time after recording a daily increase of 2% and a weekly rise of 10.2%. As a result of the Bitcoin price, the token’s trade volume jumped by 19% during the same period and is presently at $14.9B.
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.
Ethereum price analysis
Ethereum (ETH) is also riding on bull activity, as Ethereum price stood at $1683 after recording a daily increase of 2.4%, as the weekly rise now stands at 6.5%. ETH’s trade volume jumped by 41% during the same period and is presently at $6.9B.
The Bollinger bands are diverging, showing high volatility levels on Ethereum Price as the Relative Strength Index (RSI) moves above the average line, showing bull effects on Ethereum price.
Fantom price analysis
Fantom (FTM) is also riding on bull activity, as Fantom price stood at $0.2198 after recording a daily increase of 8.9%, as the weekly rise now stands at 17.39%. FTM’s trade volume jumped by 28% during the same period and is presently at $88M.
The Bollinger bands are diverging, showing high volatility levels on Fantom Price as the Relative Strength Index (RSI) moves above the average line in the overbought region, showing bull dominance on Fantom price.
Chiliz price analysis
Chiliz (CHZ) is also riding on bull activity, as Chiliz price stood at $0.06323 after recording a daily increase of 4.7%, as the weekly rise now stands at 10%. CHZ’s trade volume jumped by 165% during the same period and is presently at $88.5M.
The Bollinger bands are close to each other, showing low volatility levels on Chiliz Price as the Relative Strength Index (RSI) moves above the average line close to the overbought region, showing bull dominance on Chiliz price.
Pepe price analysis
Pepe (PEPE) is also riding on bull activity, as Pepe price stood at $ 0.0000007448 after recording a daily increase of 5.6%, as the weekly rise now stands at 7.5%. PEPE’s trade volume jumped by 45% during the same period and is presently at $124.7M.
The Bollinger bands are close to each other, showing low volatility levels on Pepe Price as the Relative Strength Index (RSI) moves above the average, showing bull dominance on Pepe price.