Daily Analysis: BTC, ETH, XRP, OGN, JUST

01.10.2023

Markets are again still riding on bull activity today, with the global market cap sitting 0.15% above its previous 24-hour mark, as the total cap still stands at $1.08T as of press time. The fear and greed index is now 42, as greed is now witnessed in the markets.

Bitcoin price analysis

Bitcoin (BTC) has started on slight activity, as Bitcoin price stood at $26.9K as of press time after recording a daily increase of 0.08% and a weekly rise of 1.41%. As a result of the Bitcoin price, the token’s trade volume dropped by 43% during the same period and is presently at $7.8B.

The Bollinger bands are still moving at a close distance, showing stable volatility levels on Bitcoin Price as the Relative Strength Index (RSI) moves above the average line sowing some bull dominance. The MACD moves in the green zone, also showing bull effects again on Bitcoin price.

BTC 1-day chart | Source: TradingView

Ethereum price analysis

Ethereum (ETH) is riding on bull activity, as Ethereum price stood at $1677 after recording a daily increase of 0.55%, as the weekly rise now stands at 5.2%. ETH’s trade volume dropped by 44% during the same period and is presently at $3.7B.

The Bollinger bands now appear to diverge, showing rising volatility levels on Ethereum Price. The Relative Strength Index (RSI) is still above the average line, as bulls now dominate Ethereum price while the MACD also still moves in the green zone, asserting bull domination Ethereum price.

ETH 1-day chart | Source: TradingView

Ripple price analysis

Ripple (XRP) is riding on bear activity, as Ripple price stood at $0.517 after recording a daily decrease of 3%, as the weekly rise now stands at 1%. XRP’s trade volume jumpped by 60% during the same period and is presently at $1.4B.

The Bollinger bands are moving pretty close to each other, showing stable volatility levels on Ripple Price. The Relative Strength Index (RSI) is still above the average line, as bulls now dominate Ripple price while the MACD also still moves in the green zone, asserting bull domination Ripple price.

XRP 1-day chart | Source: TradingView

Origin Protocol price analysis

Origin Protocol (OGN) is riding on massive bull activity, as OGN price stood at $0.1177 after recording a daily increase of 26%, as the weekly rise now stands at 29%. OGN’s trade volume jumped by 710% during the same period and is presently at $104M.

The Bollinger bands now appear to slightly diverge, showing rising volatility levels on OGN Price. The Relative Strength Index (RSI) is still above the average line, as bulls now dominate OGN price while the MACD also moves in the green zone, asserting bull domination OGN price.

OGN 1-day chart | Source: TradingView

JUST price analysis

JUST (JST) is however riding on bear activity, as JUST price stood at $0.02534 after recording a daily decrease of 9.4%, as the weekly rise now stands at 10.9%. JUST’s trade volume dropped by 32% during the same period and is presently at $123M.

The Bollinger bands now appear to diverge, showing rising volatility levels on JUST Price. The Relative Strength Index (RSI) is still above the average line in thge overbought region, showing bull effects on JUST price while the MACD also moves in the green zone, again showing bull domination JUST price despite today’s dip.