This month has been one for the books, with the crypto space seeing several important regulatory occasions involving Ripple that have seen several tokens post impressive stats over the month. Enthusiasm around ETF approvals also played a pivotal role in price movements this month.
#XRPCommunity #SECGov v. #Ripple #XRP BREAKING: JUDGE TORRES SIGNS ORDER OFFICIALLY DISMISSING CASE AGAINST BRAD GARLINGHOUSE AND CHRIS LARSEN pic.twitter.com/TLXG51hSlP
— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) October 23, 2023
Bitcoin price analysis
Bitcoin (BTC), the number one crypto in the world, led the way with massive gains over the period as Bitcoin price stood at $34.4K as of press time, trading 21% above its previous 30-day price.
Volatility levels on Bitcoin Price have been relatively high over the month, as seen from the Bollinger bands movements, which have been far apart according to the monthly charts. The RSI is moving above its average line showing bull dominance over the month on Bitcoin price.
BTC 1-day chart | Source: Tradingview
Ethereum price analysis
Ethereum (ETH), the altcoin king, also posted gains over the period as Ethereum price stood at $1.8K as of press time, trading 7.4% above its previous 30-day price.
Volatility levels on Ethereum Price have been relatively high over the month, as seen from the Bollinger bands movements, which have been far apart according to the monthly charts. The RSI is moving above its average line showing bull dominance over the month on Ethereum price.
ETH 1-day chart | Source: Tradingview
THORChain price analysis
THORChain (RUNE) is also among this month’s top gainers having posted massive gains over the period as THORChain Price stood at $2.9K as of press time, trading 51% above its previous 30-day price.
Volatility levels on RUNE Price have been relatively high over the month, as seen from the Bollinger bands movements, which have been far apart according to the monthly charts. The RSI is moving above its average line showing bull dominance over the month on RUNE price.
RUNE 1-day chart | Source: Tradingview
Injective Price analysis
Injective (INJ) also posted gains over the period as Injective Price stood at $13.9 as of press time, trading 77% above its previous 30-day price.
Volatility levels on Injective Price have been relatively high over the month, as seen from the Bollinger bands movements, which have been far apart according to the monthly charts. The RSI is moving above its average line close to the overbought region, showing bull dominance over the month on Injective price.
INJ 1-day chart | Source: Tradingview
Mina price analysis
Mina (MINA) also posted massive gains over the period as Mina Price stood at $0.574 as of press time, trading 47% above its previous 30-day price.
Volatility levels on Mina Price have been relatively high over the month, as seen from the Bollinger bands movements, which have been far apart according to the monthly charts. The RSI is moving above its average line showing bull dominance over the month on Mina price.
MINA 1-day chart | Source: Tradingview
Pepe price analysis
Pepe (PEPE) also posted gains over the period as Pepe Price stood at $0.000001127 as of press time, trading 41% above its previous 30-day price. This surge can be attributed to te recent market activities that saw meme coins rally.
Pepe 1-month chart | Source: CoinMarketCap
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