Daily Analysis: BTC, ETH, BNB, XRP, SOL 

The post Daily Analysis: BTC, ETH, BNB, XRP, SOL  appeared on BitcoinEthereumNews.com. Markets are riding on bull activity today, with the global market cap sitting 0.33% above its previous 24-hour mark, as the total cap still stands at $1.05T as of press time. The fear and greed index is still at 40 as markets maintain neutrality. The global trading volume is still 46% down in 24 hours, at $13.64B as of press time. Bitcoin price analysis Bitcoin (BTC) has started on bull activity today, as Bitcoin price stood at $27.8K as of press time after recording a daily increase of 3.5% and a weekly drop of 0.3%. As a result of the Bitcoin price, the token’s trade volume dropped by 136% during the same period and is presently at $11.6B. The Bollinger bands are now moving closely, showing low volatility levels on Bitcoin Price. The Relative Strength Index (RSI) is moving above the average line, showing bull activity on Bitcoin price. BTC 1-day chart | Source: TradingView Ethereum price analysis Ethereum (ETH) is also riding on slight bull activity, as Ethereum price stood at $1579 after recording a daily increase of 1.66%, as the weekly drop now stands at 2.9%. ETH’s trade volume jumped by 85% 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 above the average line, showing bull effects on Ethereum price. ETH 1-day chart | Source: TradingView BNB price analysis BNB (BNB) is also riding on bull activity, as BNB price stood at $212.8 after recording a daily increase of 2.6%, and the weekly rise now stands at 0.5%. BNB’s trade volume jumped by 82% during the same period and is presently at $404.9B. The Bollinger bands are close to each other, showing low volatility levels on BNB…

Oct 16, 2023 - 17:00
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Daily Analysis: BTC, ETH, BNB, XRP, SOL 

The post Daily Analysis: BTC, ETH, BNB, XRP, SOL  appeared on BitcoinEthereumNews.com.

Markets are riding on bull activity today, with the global market cap sitting 0.33% above its previous 24-hour mark, as the total cap still stands at $1.05T as of press time. The fear and greed index is still at 40 as markets maintain neutrality. The global trading volume is still 46% down in 24 hours, at $13.64B as of press time. Bitcoin price analysis Bitcoin (BTC) has started on bull activity today, as Bitcoin price stood at $27.8K as of press time after recording a daily increase of 3.5% and a weekly drop of 0.3%. As a result of the Bitcoin price, the token’s trade volume dropped by 136% during the same period and is presently at $11.6B. The Bollinger bands are now moving closely, showing low volatility levels on Bitcoin Price. The Relative Strength Index (RSI) is moving above the average line, showing bull activity on Bitcoin price. BTC 1-day chart | Source: TradingView Ethereum price analysis Ethereum (ETH) is also riding on slight bull activity, as Ethereum price stood at $1579 after recording a daily increase of 1.66%, as the weekly drop now stands at 2.9%. ETH’s trade volume jumped by 85% 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 above the average line, showing bull effects on Ethereum price. ETH 1-day chart | Source: TradingView BNB price analysis BNB (BNB) is also riding on bull activity, as BNB price stood at $212.8 after recording a daily increase of 2.6%, and the weekly rise now stands at 0.5%. BNB’s trade volume jumped by 82% during the same period and is presently at $404.9B. The Bollinger bands are close to each other, showing low volatility levels on BNB…

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