Today's market session as started wit bulls on the front foot again as both Bitcoin and Ethereum posted gains in today's session.
Markets are on bull activity today, with the global market cap sitting 0.74% below its previous 24-hour mark, as the total cap stands at $1.27T as of press time. The fear and greed index is at 71, as greed now dominates. The global trading volume is 36% down in 24 hours, at $21.1B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on slight bull activity, as Bitcoin price stood at $34.2K as of press time after recording a daily increase of 0.24% and a weekly rise of 12%. As a result of the Bitcoin price, the token’s trade volume jumped by 37% during the same period and is presently at $13.3B.
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.
BTC 1-day chart | Source: TradingView
Ethereum price analysis
Ethereum (ETH) has also started on slight bull activity, as Ethereum price stood at $196 after recording a daily increase of 0.6%, as the weekly rise now stands at 7%. ETH’s trade volume jumped by 29% during the same period and is presently at $5.1B.
The Bollinger bands diverge, showing high volatility levels on Ethereum Price as the Relative Strength Index (RSI) moves above the average line around the overbought region, showing bull dominance on Ethereum price.
ETH 1-day chart | Source: TradingView
Ark price analysis
Ark (ARK) has also started on slight bull activity, as Ark price stood at $0.7414 after recording a daily increase of 17%, as the weekly rise now stands at 65%. ARK’s trade volume jumped by 126% during the same period and is presently at $332M.
The Bollinger bands are diverged, showing high volatility levels on Ark Price as the Relative Strength Index (RSI) moves above the average line around the overbought region, showing bull dominance on Ark price.
ARK 1-day chart | Source: TradingView
Monero price analysis
Monero (XMR) has also started on slight bull activity, as Monero price stood at $167.2 after recording a daily increase of 3.4%, as the weekly rise now stands at 6%. XMR’s trade volume jumped by 162% during the same period and is presently at $138.9M.
The Bollinger bands are diverging, showing high volatility levels on Monero Price as the Relative Strength Index (RSI) moves below the average line, showing bear dominance on Monero price despite the rally.
XMR 1-day chart | Source: TradingView
The Sandbox price analysis
The Sandbox (SAND) has also started on bull activity, as SAND price stood at $0.35 after recording a daily increase of 6.2%, as the weekly rise now stands at 14.6%. SAND’s trade volume jumped by 268% during the same period and is presently at $150M.
The Bollinger bands diverge, showing high volatility levels on SAND Price as the Relative Strength Index (RSI) moves above the average line around the overbought region, showing bull dominance on SAND price.
SAND 1-day chart | Source: TradingView