Markets are riding on bear activity today, with the global market cap sitting 0.64% below its previous 24-hour mark, as the total cap still stands at $1.05T as of press time. The fear and greed index has dropped to 39 as fear returns to the markets. However, the global trading volume has risen by 13% in 24 hours, standing at $25.9B as of press time.
Bitcoin price analysis
Bitcoin (BTC) has started on slight bull activity today, as Bitcoin price stood at $26.86K as of press time after recording a daily increase of 0.26% and a weekly drop of 4.1%. As a result of the Bitcoin price, the token’s trade volume rose by 55% during the same period and is presently at $14.4B.
The Bollinger bands are now moving closely, showing low volatility levels on Bitcoin Price. The Relative Strength Index (RSI) is, however, moving below the average line as bearishness wears off Bitcoin price.
BTC 1-day chart | Source: Tradingview
Ethereum price analysis
Ethereum (ETH) is riding on slight bear activity, as Ethereum price stood at $1548 after recording a daily decrease of 0.01%, as the weekly drop now stands at 5.6%. ETH’s trade volume dropped by 21% during the same period and is presently at $4.1B.
The Bollinger bands are now diverging, showing high volatility levels on Ethereum Price as the Relative Strength Index (RSI) moves below the average line, showing bear effects on Ethereum price.
ETH 1-day chart | Source: Tradingview
Verasity price analysis
Verasity (VRA) has started on bull activity today, as Verasity price stood at $0.005015 as of press time after recording a daily increase of 8.4% and a weekly drop of 2.5%. As a result of the Verasity price, the token’s trade volume rose by 8% during the same period and is presently at $14.7M.
The Bollinger bands are now wide apart, showing high volatility levels on Verasity Price. The Relative Strength Index (RSI) is, however, moving below the average line, showing some bear effects on Verasity price.
VRA 1-day chart | Source: Tradingview
Pepe price analysis
Pepe (PEPE) has started on bull activity today, as Pepe price stood at $0.0000006461 as of press time after recording a daily increase of 2% and a weekly drop of 9.6%. As a result of the Pepe price, the token’s trade volume rose by 34% during the same period and is presently at $47.7M.
The Bollinger bands are now close, showing low volatility levels on Pepe Price. However, the Relative Strength Index (RSI) is moving below the average line, showing some bear effects on Pepe price.
PEPE 1-day chart | Source: Tradingview
Maker price analysis
Maker (MKR) has also started on notable bull activity today, as Maker price stood at $1,418 as of press time after recording a daily increase of 4.13% and a weekly rise of 0.4%. As a result of the Maker price, the token’s trade volume rose by 39% during the same period and is presently at $61.2M.
The Bollinger bands are converging, showing low volatility levels on Maker Price. However, the Relative Strength Index (RSI) is moving below the average line, showing some bear effects on Maker price.
MKR 1-day chart | Source: Tradingview
