Daily Analysis: Crypto Markets Recover as SingularityNET Dominates 

Today’s market session has kicked off characterized by mild bullish signals as the global market cap recorded a 0.79% increase within a day to take the total cap to $1.12T. Bitcoin (BTC), the crypto king, is having a slightly bullish session as the asset now sits on a 0.81% gain within a day of tradingTrading at $26.7, BTC has started the weekend session with a market cap of $517,851,017,019 as bulls try and push back for the $27K markBitcoin’s volatility levels are rather stable as the Bollinger bands now move closer to each other, indicating reduced volatility.

The relative strength indicator is also now moving above its average line indicating a bullish trend on Bitcoin as the bulls push for the overbought region. The MACD indicator is also now looking to bridge over to the positive slide as it now approaches the average line.

BTC 1-day chart | Source: TradingView## Altcoin analysis

Ethereum (ETH) has also kicked off today’s session on a bullish trend as the asset recorded mild gains of less than 1% within a day of trading. Trading at $1,828 during press time, the asset had recorded a 0.7% increase as the weekly gain also stood below 1%. ETH had a market cap of $219,894,123,691 as of the time of publication.

Other altcoins have also started today’s session rather well, with Ripple (XRP) kicking off today’s session with a 2.3% gain within a day of trading to take its price to $0.4736 as it also sits on a weekly gain of 1.8%.

XRP 1-day chart | Source: CMCCardano (ADA) is also having a rather fruitful session as the asset boasts a 1.5% within the same period as Dogecoin (DOGE) recorded mild gains of less than 1% together with Solana (SOL) as the altcoin’s market looks to consolidate a bullish trend. Litecoin (LTC) also seems to have entered a recovery run as the asset now sits on a 0.8% gain within a day of trading.

SingularityNET (AGIX) is, however, today’s top gainer as the asset now sits on a 13% gain within a day of trading the asset also saw a 1.6% gain for the week to take the price to $0.3081 as of the time of writing.

AGIX 1-day chart | Source: CMCOn today’s trending list, PEPE leads the list with gains of 2.4% gain within 24 hours ahead of CEO which has seen a 44% gain within 24 hours to take its price to $0.05756 as the weekly gain stood at 82% with bulls trying to push for a recovery from the monthly drop of 36% in price valuation.