Daily Analysis: BTC, ETH, MASK, XMR, TWT

Markets are riding on bull activity today, with the global market cap sitting 0.8% above its previous 24-hour mark, as the total cap still stands at $1.1T as of press time. The fear and greed index is at 46, as neutrality strikes markets.

Bitcoin price analysis

Bitcoin (BTC) has started on slight bear activity today, as Bitcoin price stood at $27.8K as of press time after recording a daily decrease of 0.26% and a weekly rise of 2.3%. As a result of the Bitcoin price, the token’s trade volume dropped by 47% during the same period and is presently at $6.8B.

The Bollinger bands are now slightly diverging, showing rising volatility levels on Bitcoin Price as the Relative Strength Index (RSI) moves above the average line showing bull effect on Bitcoin price. 

Ethereum price analysis

Ethereum (ETH) is also riding on bear activity, as Ethereum price stood at $1624 after recording a daily decrease of 0.92%, as the weekly drop now stands at 3.8%. ETH’s trade volume dropped by 41% during the same period and is presently at $2.7B.

The Bollinger bands have slightly diverged, showing increasing volatility levels on Ethereum Price. The Relative Strength Index (RSI) is below the average line, showing bear effects on Ethereum price.

Mask Network price analysis

Mask Network (MASK) is riding on bull activity, as Mask Network price stood at $2.78 after recording a daily increase of 2.61%, as the weekly rise now stands at 1.2%. MASK’s trade volume jumped by 148% during the same period and is presently at $62.3M.

The Bollinger bands are moving pretty close to each other, showing low volatility levels on Mask Network Price. The Relative Strength Index (RSI) is above the average line, showing bull effects on Mask Network price.

Monero price analysis

Monero (XMR) is riding on bull activity, as Monero price stood at $155 after recording a daily increase of 2.5%, as the weekly rise now stands at 14.7%. XMR’s trade volume jumped by 29% during the same period and is presently at $65.8M.

The Bollinger bands are diverging, showing increasing volatility levels on Monero Price. The Relative Strength Index (RSI) is above the average line close to te overbought region, showing bull effects on Monero price.

Trust Wallet Token price analysis

Trust Wallet Token (TWT) is also riding on bull activity, as Trust Wallet Token price stood at $1.01 after recording a daily increase of 11.7%, as the weekly rise now stands at 28%. TWT’s trade volume jumped by 210% during the same period and is presently at $112.6M.

The Bollinger bands have diverged, showing high volatility levels on Trust wallet Token Price. The Relative Strength Index (RSI) is above the average line in the overbought region, showing total bull domination on Trust Wallet Token price.