Daily Analysis: BTC, ETH, FTM, CHZ, PEPE

Markets are in bullish activity today, with the global market capitalization sitting 1.9% above its previous 24-hour mark, with the total capitalization still standing at $1.16 billion at the time of trading. publication. The Fear and Greed Index is at 55 while markets remain neutral. Global trading volume is down 15% in 24 hours, to $44.4 billion at press time.

Bitcoin Price Analysis

Bitcoin (BTC) started with bullish activity, as Bitcoin Price stood at $30.6K at press time after posting a 2% daily increase and a 10.2% weekly increase. Due to the price of Bitcoin, the token’s trading volume jumped 19% during the same period and currently stands at $14.9 billion.

The Bollinger bands are now diverging, showing high levels of volatility in the Bitcoin price. The relative strength index (RSI) is above the overbought average line, showing bullish dominance on Bitcoin price.

BTC 1-day chart | Source: Trading View

Ethereum Price Analysis

Ethereum (ETH) is also benefiting from the bullish activity, as Ethereum Price stands at $1,683 after recording a daily increase of 2.4%, while the weekly increase now stands at 6.5%. ETH trading volume jumped 41% during the same period and currently stands at $6.9 billion.

Bollinger Bands diverge, showing high levels of volatility on Ethereum price as the Relative Strength Index (RSI) moves above the average line, showing bullish effects on Ethereum price Ethereum.

ETH 1-day chart | Source: Trading View

Ghostly Price Analysis

Fantom (FTM) is also benefiting from the bullish activity, as Fantom price stands at $0.2198 after recording a daily increase of 8.9%, while the weekly increase now stands at 17.39 %. FTM’s trading volume jumped 28% during the same period and currently stands at $88 million.

Bollinger Bands diverge, showing high levels of volatility on Fantom price as the Relative Strength Index (RSI) moves above the average line into the overbought region, showing bullish dominance on Fantom price .

FTM 1-day chart | Source: Trading View

Chiliz Price Analysis

Chiliz (CHZ) is also benefiting from the bullish activity, as Chiliz price stands at $0.06323 after recording a daily increase of 4.7%, while the weekly increase now stands at 10%. CHZ’s trading volume jumped 165% during the same period and currently stands at $88.5 million.

The Bollinger Bands are close to each other, showing low levels of volatility on Chiliz price as the Relative Strength Index (RSI) moves above the average line close to the overbought region, showing a bullish dominance on Chiliz price.

CHZ 1-day chart | Source: Trading View

Pepe Price Analysis

Pepe (PEPE) is also benefiting from the bullish activity, as Pepe price stands at $0.0000007448 after recording a daily increase of 5.6%, while the weekly increase now stands at 7.5 %. PEPE trade volume jumped 45% during the same period and currently stands at $124.7 million.

The Bollinger Bands are close to each other, showing low levels of volatility on Pepe Price while the Relative Strength Index (RSI) is moving above average, showing bullish dominance on Pepe Price.

PEPE 1-day chart | Source: Trading View

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