Daily Analysis: BTC, ETH, PEPE, FLOKI, BAKE

Markets are on bull activity today, with the global market cap sitting 1.3% above its previous 24-hour mark, as the total cap stands at $1.54T as of press time. The fear and greed index is 79, as greed now dominates. The global trading volume is 87% up in 24 hours, at $93.21B as of press time.

Bitcoin Price Analysis

Bitcoin (BTC) has started on bull activity, as the Bitcoin price stood at $43.6K as of press time after recording a daily increase of 5.2% and a weekly rise of 14.6%. As a result of the Bitcoin price, the token’s trade volume jumped by 11% during the same period and is presently at $38.1B.

The Bollinger bands are diverging, showing high volatility levels on the Bitcoin price. The Relative Strength Index (RSI) is above the average line in the overbought region, showing bull dominance on the Bitcoin price.

BTC 1-day chart | Source: TradingView

Ethereum Price Analysis

Ethereum (ETH) has started on bull activity, as the Ethereum price stood at $2265 as of press time after recording a daily increase of 2.9% and a weekly rise of 10%. As a result of the Ethereum price, the token’s trade volume jumped by 12% during the same period and is presently at $16B.

The Bollinger bands are diverging, showing high volatility levels on the Ethereum price. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on the Ethereum price.

ETH 1-day chart | Source: TradingView

Pepe Price Analysis

Pepe (PEPE) has started on bull activity, as the Pepe price stood at $0.000001623 as of press time after recording a daily increase of 17% and a weekly rise of 47%. As a result of the Pepe price, the token’s trade volume jumped by 36% during the same period and is presently at $543.4M.

The Bollinger bands are diverging, showing high volatility levels on the Pepe price. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on the Pepe price.

Pepe 1-day chart | Source: TradingView

FLOKI price analysis

FLOKI (FLOKI) has started on bull activity, as the FLOKI price stood at $0.00004116 as of press time after recording a daily increase of 5.3% and a weekly rise of 28%. As a result of the Floki price, the token’s trade volume jumped by 56% during the same period and is presently at $198M.

The Bollinger bands are diverging, showing high volatility levels on the Floki price. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on the Floki price.

FLOKI 1-day chart | Source: TradingView

BakeryToken Price Analysis

BakeryToken (BAKE) has started on bull activity, as the BAKE price stood at $0.3211 as of press time after recording a daily increase of 79% and a weekly rise of 75.75%. As a result of the BakeryToken price, the token’s trade volume jumped by 1540% during the same period and is presently at $467M.

The Bollinger bands are diverging, showing high volatility levels on the BakeryToken price. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on the BAKE price.

BAKE 1-day chart | Source: TradingView

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