Daily Analysis: BTC, ETH, BLUR, AGIX, FET

By BlockchainReporter
3 months ago
BTC ETH AGIX FET BLUR

Markets are on bull activity today, with the global market cap sitting 0.09% above its previous 24-hour mark, as the total cap stands at $1.42T as of press time. The fear and greed index is at 72, as greed still dominates. The global trading volume is 29% down in 24 hours, at $38.6B as of press time.

Bitcoin price analysis

Bitcoin (BTC) has started on bear activity, as the Bitcoin price stood at $37.4K as of press time after recording a daily decrease of 0.73% and a weekly rise of 2.6%. As a result of the Bitcoin price, the token’s trade volume dropped by 61% during the same period and is presently at $9.6B.

The Bollinger bands are close, showing low volatility levels on the Bitcoin Price. The Relative Strength Index (RSI) is below the average line, showing bear activity on the Bitcoin price despite the rise.

BTC 1-day chart | Source: TradingView

Ethereum price analysis

Ethereum (ETH) has also started on slight bull activity, as the Ethereum price stood at $2081 after recording a daily increase of 0.08%, and the weekly rise now stands at 6.4%. ETH’s trade volume dropped by 37% during the same period, presently at $5.6B.

The Bollinger bands are far apart, showing high volatility levels on the Ethereum Price as the Relative Strength Index (RSI) is above the average line, showing bull activity on the Ethereum price.

ETH 1-day chart | Source: TradingView

Blur price analysis

Blur (BLUR) has started on bear activity, as the Blur price stood at $0.58 after recording a daily decrease of 4.4%, and the weekly rise now stands at 71%. BLUR’s trade volume dropped by 55% during the same period, presently at $338M.

The Bollinger bands diverge, showing high volatility levels on the Blur Price as the Relative Strength Index (RSI) is above the average line on the overbought region, showing bull dominance on the Blur price.

BLUR 1-day chart | Source: TradingView

SingularityNET price analysis

SingularityNET (AGIX) has also started on bear activity, as the AGIX price stood at $0.313 after recording a daily decrease of 3%, and the weekly rise now stands at 13%. AGIX’s trade volume jumped by 15% during the same period, presently at $89M.

The Bollinger bands are diverging, showing high volatility levels on the AGIX Price as the Relative Strength Index (RSI) is above the average line, showing bull activity on the AGIX price.

AGIX 1-day chart | Source: TradingView

Fetch.ai price analysis

Fetch.ai (FET) has also started on bear activity, as the Fetch.ai price stood at $0.52 after recording a daily decrease of 1.8%, and the weekly rise now stands at 8%. FET’s trade volume dropped by 46% during the same period, presently at $46M.

The Bollinger bands are far apart, showing high volatility levels on Fetch.ai price as the Relative Strength Index (RSI) is below the average line, showing bull activity on the FET price despite the rise.

FET 1-day chart | Source: TradingView

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