Daily Analysis: BTC, BNB, PYTH, TIA, MEME

Markets are on bear activity, with the global market cap sitting 218% below its previous 24-hour mark, as the total cap stands at $1.39T as of press time. The fear and greed index is at 67, as greed still dominates. The global trading volume is 26% down up 24 hours, at $70.4B as of press time.     

Bitcoin price analysis

Bitcoin (BTC) has started on bull activity, as Bitcoin price stood at $37.1K as of press time after recording a daily increase of 0.65% and a weekly drop of 0.12%. As a result of the Bitcoin price, the token’s trade volume jumped by 23% during the same period and is presently at $14.1B.

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

BNB price analysis

BNB (BNB) is riding on bear activity, as BNB price stood at $234 after recording a daily decrease of 2.25%, as the weekly drop now stands at 7.37%. BNB’s trade volume dropped by 24% during the same period, presently at $1.6B.

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

Pyth Network price analysis

Pyth Network (PYTH) is riding on bull activity, as PYTH price stood at $0.45 after recording a daily decrease of 45%, as the weekly drop now stands at 30%. PYTH’s trade volume dropped by 81% during the same period, presently at $211M.

Celestia price analysis

Celestia (TIA) is riding on bull activity, as Celestia price stood at $5.81 after recording a daily increase of 10%, as the weekly drop now stands at 3%. TIA’s trade volume dropped by 23% during the same period, presently at $316M.

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

Mememcoin price analysis

Memecoin (MEME) is riding on bull activity, as Memecoin price stood at $0.026 after recording a daily decrease of 6.5%, as the weekly drop now stands at 30%. MEME’s trade volume dropped by 8% during the same period, presently at $176M.

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