Weekly Analysis: ETC, XRP, ADA, SOL, LINK

12.11.2023

Ethereum Classic price analysis

Bulls have dominated this week ahead of ETF approvals anticipation. Ethereum Classic (ETC) has seen bull activity this week, recording a weekly increase of 15% as ETC price stood at $20.07. ETC has a market cap of $2.8B as the trading volume stood at $362M as of press time.

Volatility on ETC price for the week has been rising as the Bollinger bands slightly diverge. ETC’s relative strength indicator is above its average line close to the overbought region, indicating bull dominance on ETC price over the week.

ETC 1-week chart | Source: TradingView

Ripple price analysis

Ripple (XRP) has also seen bull activity over the week as the asset’s weekly rise now stand’s at 9% as Ripple price stood at $0.67. Ripple has a current market cap of $36B, as the trading volume now stands at $2B.

Volatility levels on Ripple price have been low over the week as the Bollinger bands move close to each other. The RSI indicator is approaching entry into the overbought region, showing bull activity on Ripple price over the week.

XRP 1-week chart | Source: TradingView

Cardano price analysis

Cardano (ADA) has also seen bull activity over the week as the asset’s weekly rise now stand’s at 16% as Cardano price stood at $0.37. Cardano has a current market cap of $13.3B, as the trading volume now stands at $502M.

Volatility levels on Cardano price have been high over the week as the Bollinger bands diverge. The RSI indicator is above the average line close to the overbought region, showing bull dominance on Cardano price over the week.

ADA 1-week chart | Source: TradingView

Solana price analysis

Solana (SOL) has also seen bull activity over the week as the asset’s weekly rise now stand’s at 35% as Solana price stood at $56. Solana has a current market cap of $23.5B, as the trading volume now stands at $3.5B.

Volatility levels on Solana price have been high over the week as the Bollinger bands diverge. The RSI indicator is above the average line the overbought region, showing bull dominance on Solana price over the week.

SOL 1-week chart | Source: TradingView

Chainlink price analysis

Chainlink (LINK) has also seen bull activity over the week as the asset’s weekly rise now stand’s at 34% as Chainlink price stood at $15.1. Chainlink has a current market cap of $8.4B, as the trading volume now stands at $1B.

Volatility levels on Chainlink price have been high over the week as the Bollinger bands diverge. The RSI indicator is also above the average line in the overbought region, showing bull activity on Chainlink price over the week.