Daily Analysis: BTC, ETH, LUNC, STX, KAS
Markets are on bear activity today, with the global market cap sitting 1.49% above its previous 24-hour mark, as the total cap stands at $1.44T as of press time. The fear and greed index is 70, as greed now fades away. The global trading volume is 1.5% up in 24 hours, at $47.1B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on bull activity, as the Bitcoin price stood at $38.7K as of press time after recording a daily increase of 1.1% and a weekly rise of 2.7%. As a result of the Bitcoin price, the token’s trade volume dropped by 31% during the same period and is presently at $14.8B.
The Bollinger bands are diverging, showing high volatility levels on the Bitcoin price. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on the Bitcoin price.
Ethereum price analysis
Ethereum (ETH) has started on bull activity, as the Ethereum price stood at $2,105 as of press time after recording a daily increase of 0.8% and a weekly rise of 1.3%. As a result of the Bitcoin price, the token’s trade volume dropped by 30% during the same period and is presently at $7B.
The Bollinger bands are diverging, showing high volatility levels on the Ethereum price. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on the Ethereum price.
Terra Classic price analysis
Terra Classic (LUNC) has started on bull activity, as the Terra Classic price stood at $0.000141 as of press time after recording a daily increase of 21% and a weekly rise of 89%. As a result of the Bitcoin price, the token’s trade volume jumped by 265% during the same period and is presently at $383M.
The Bollinger bands are diverging, showing high volatility levels on the Terra Classic price. The Relative Strength Index (RSI) is above the average line in the overbought region, showing bull dominance on the Terra Classic price.
Stacks price analysis
Stacks (STX) has also started on bull activity, as the Stacks price stood at $0.7665 as of press time after recording a daily increase of 9% and a weekly rise of 18%. As a result of the Bitcoin price, the token’s trade volume jumped by 116% during the same period and is presently at $147M.
The Bollinger bands are diverging, showing high volatility levels on the Stacks. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on the Stacks price.
Kaspa Classic price analysis
Kaspa (KAS) has started on bull activity, as the Kaspo price stood at $0.1375 as of press time after recording a daily increase of 2.4% and a weekly drop of 0.2%. As a result of the Bitcoin price, the token’s trade volume jumped by 30% during the same period and is presently at $49M.
The Bollinger bands are far apart, showing high volatility levels on the Kaspa price. The Relative Strength Index (RSI) is below the average line, showing bear activity on the Kaspa price.