Today's market session has started with bulls on the front foot as Bitcoin posted minor gains. Despite the bullishness, ETH failed to post gains.
Markets are on bull activity today, with the global market cap sitting 0.36% above its previous 24-hour mark, as the total cap stands at $1.33T as of press time. The fear and greed index is at 73, as greed still dominates. The global trading volume is 14% up in 24 hours, at $46.8B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on minor bull activity, as Bitcoin price stood at $35.2K as of press time after recording a daily increase of 0.86% and a weekly rise of 2.4%. As a result of the Bitcoin price, the token’s trade volume jumped by 41% during the same period and is presently at $18.7B.
The Bollinger bands are wide apart, showing high volatility levels on Bitcoin Price. The Relative Strength Index (RSI) is below the average line, showing some bear activity on Bitcoin price despite the uptick.
BTC 1-day chart | Source: TradingView
Ethereum price analysis
Ethereum (ETH) has started on bear activity, as Ethereum price stood at $1879 after recording a daily decrease of 0.79%, as the weekly rise now stands at 4.1%. ETH’s trade volume dropped by 2.2% during the same period and is presently at $8.2B.
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 dominance on Ethereum price.
ETH 1-day chart | Source: TradingView
ORDI price analysis
ORDI (ORDI) has started on bull activity, as ORDI price stood at $13.7 after recording a daily increase of 23.6%, as the weekly rise now stands at 153%. ORDI’s trade volume jumped by 436% during the same period and is presently at $594M.
The Bollinger bands are diverging, showing high volatility levels on ORDI Price as the Relative Strength Index (RSI) is above the average line in te overbought region, showing bull dominance on ORDI price.
ORDI 1-day chart | Source: TradingView
Kaspa price analysis
Kaspa (KAS) has started on bull activity, as Kaspa price stood at $0.07317 after recording a daily increase of 10%, as the weekly rise now stands at 42%. KAS’s trade volume jumped by 76% during the same period and is presently at $50.3M.
The Bollinger bands are diverging, showing high volatility levels on Kaspa price as the Relative Strength Index (RSI) is above the average line in the overbought region, showing bull dominance on Kaspa price.
KAS 1-day chart | Source: TradingView
Status price analysis
Status (SNT) has started on bull activity, as Status price stood at $0.04727 after recording a daily increase of 3.4%, as the weekly drop now stands at 18%. SNT’s trade volume jumped by 278% during the same period and is presently at $219M.
The Bollinger bands are far apart, showing high volatility levels on Status price as the Relative Strength Index (RSI) is below the average line, showing bear action on Status price despite the rise.
SNT 1-day chart | Source: TradingView