Weekly Analysis: BTC, ETH, TRX, UNI, XMR
Bitcoin price analysis
Bulls have dominated this week as most assets posted gains over the seven days. Bitcoin (BTC) has seen bull activity this week, recording a weekly increase of 2.8% as the price is $37.4K. Bitcoin has a market cap of $732B as the trading volume stood at $9.7B as of press time.
Volatility on Bitcoin price for the week has been rising as the Bollinger bands diverge. BTC’s relative strength indicator is above its average line in the overbought region, indicating bull dominance on Bitcoin price over the week.
BTC 1-week chart | Source: TradingView
Ethereum price analysis
Ethereum (ETH) has also seen bull activity over the week as the asset’s weekly rise now stands at 6.4% as Ethereum price stood at $2077. Ethereum has a current market cap of $249B, as the trading volume now stands at $5.6B.
Volatility levels on Ethereum price have been rising over the week as the Bollinger bands diverge. The RSI indicator is above the average line as it heads for the overbought region, showing bull activity on the Ethereum price.
ETH 1-week chart | Source: TradingView
Tron price analysis
Tron (TRX) has also seen bull activity over the week as the asset’s weekly rise now stands at 5.3% as Tron price stood at $0.108. Tron has a current market cap of $9.6B, as the trading volume now stands at $247M.
Volatility levels on the Tron price have been rising over the week as the Bollinger bands diverge. The RSI indicator is above the average line in the overbought region, showing bull dominance on the Tron price over the week.
TRX 1-week chart | Source: TradingView
Uniswap price analysis
Uniswap (UNI) has been among this week’s top gainers as the asset’s weekly rise now stands at 19% as Uniswap price stood at $6.03. UNI has a current market cap of $3.5B, as the trading volume now stands at $91M.
Volatility levels on Uniswap price have been high over the week as the Bollinger bands move far from each other. The RSI indicator is above the average line as it heads for the overbought region, showing bull dominance on the Uniswap price.
UNI 1-week chart | Source: TradingView
Monero price analysis
Monero (XMR) has also seen bull activity over the week as the asset’s weekly rise now stands at 6.3%, as the Monero price stood at $170.5. Monero has a current market cap of $3.1B, as the trading volume now stands at $61M.
Volatility levels on Ethereum price have been low over the week as the Bollinger bands moved closely. The RSI indicator is above the average line, showing bull activity on the Monero price.
XMR 1-week chart | Source: TradingView