Crypto News – The fall that followed the extraordinary rise in the past few weeks had a negative impact on investors. However, in the last few days, this negative atmosphere has been replaced by bullish movements.
November 20 Daily Crypto Price Analysis: What Do the Charts Say for BTC, ETH, LDO, IMX, and GRT?
The overall market capitalization is $1.41T, 2.20% higher than it was 24 hours prior. With greed still ruling, the fear and greed index is at 74. As of writing, the global trading volume has increased by 15.36% in just one day to $43.69 billion.
What Does the Bitcoin Price Analysis Say?
With a weekly gain of 0.79% and a daily increase of 1.89%, the price of Bitcoin (BTC) was $37.2K at the time of writing. This indicates that the market is starting to move bullishly. The trading volume of the token increased by 39.40% over that time because of fluctuations in the price of Bitcoin, and it currently stands at $15.8 billion.
Because the Bollinger bands are close together, the price of Bitcoin is not very volatile. The Relative Strength Index (RSI) is below the average line, indicating bearish action on the price of Bitcoin despite the climb.
What Does the Ethereum Price Analysis Say?
The price of Ethereum (ETH), which has also begun to rise, is at $2026 after increasing by 3.72% per day. There has been a weekly decline of 1.27%. ETH trade volume climbed by 30.89% within that same period, hitting $9.6M at this point.
The Relative Strength Index (RSI), which is below the average line and indicates bear activity on the Ethereum price despite the gain, is far apart, indicating strong levels of volatility on the price of the cryptocurrency.
What Does the Lido DAO Price Analysis Say?
Bull activity has also begun in Lido DAO (LDO), with the price of LDO standing at $2.52 following a daily gain of 10.96% and a weekly increase of 7.80%. Over the same period, LDO’s trade volume climbed by 31.11%, reaching $122.4M at present.
The Relative Strength Index (RSI), which is above the average line near the overbought zone and indicates bull dominance on the LDO price, is distant from the Bollinger bands, indicating significant levels of volatility on the price of the asset.
What Does the Immutable Price Analysis Say?
The price of Immutable (IMX), which had a daily climb of 6.82% and a weekly rise of 22.53%, is currently at $1.37. Additionally, Immutable has started to show signs of optimism. IMX’s trade volume reached $183 million, up 1.35% during the same period.
The Relative Strength Index (RSI) is above the average line in the overbought area, showing bullish dominance on the Immutable price. However, Bollinger bands are widely spaced, indicating considerable levels of volatility on the Immutable price.
What Does The Graph Price Analysis Say?
Bull activity has also begun on The Graph (GRT), with the price of The Graph rising to $0.1406 following a daily gain of 6.58% and a weekly increase to 6.86%. During that same period, GRT’s transaction volume increased by 74.31%, reaching $93,489,741.
The Relative Strength Index (RSI), which is above the average line at the overbought region and indicates bull dominance on The Graph price, is distant from the Bollinger bands, indicating high volatility levels.