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Weekly Analysis: BTC, HNT, ORDI, AVAX, BEAM

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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 10.7% as the price is $43.6K. Bitcoin has a market cap of $854B, and the trading volume stood at $14.6B 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-day chart | Source: TradingView

Helium price analysis

Helium ($HNT) has seen bull activity this week, recording a weekly increase of 70% as the price is $$4.86. Helium has a market cap of $699M, and the trading volume stood at $10.1B as of press time.

Volatility on Helium price for the week has been rising as the Bollinger Bands diverge. $HNT’s relative strength indicator is above its average line in the overbought region, indicating bull dominance on Helium price over the week.

$HNT 1-day chart | Source: TradingView

$ORDI price analysis

$ORDI ($ORDI) has seen bull activity this week, recording a weekly increase of 53% as the price is $49.5. $ORDI has a market cap of $881M, and the trading volume stood at $881M as of press time.

Volatility on $ORDI price for the week has been rising as the Bollinger Bands diverge. $ORDI’s relative strength indicator is above its average line in the overbought region, indicating bull dominance on $ORDI price over the week.

$ORDI 1-day chart | Source: TradingView

Avalanche price analysis

Avalanche ($AVAX) has seen bull activity this week, recording a weekly increase of 45% as the price is $32.08. Avalanche has a market cap of $1.3M, and the trading volume stood at $1.3B as of press time.

Volatility on Avalanche price for the week has been rising as the Bollinger Bands diverge. $AVAX’s relative strength indicator is above its average line in the overbought region, indicating bull dominance on Avalanche price over the week.

$AVAX 1-day chart | Source: TradingView

Beam price analysis

Beam ($BEAM) has seen bull activity this week, recording a weekly increase of 45% as the price is $0.01663. Helium has a market cap of $772M, and the trading volume stood at $113M as of press time.

Volatility on Beam price for the week has been rising as the Bollinger Bands diverge. $BEAM’s relative strength indicator is above its average line, indicating bull dominance on Beam price over the week.

$BEAM 1-day chart | Source: TradingView