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Saturday

31 July 2021

Price analysis 7/21: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

Price analysis 7/21: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC


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If the price turns down from this resistance, the sellers will again try to sink the BTC/USDT pair below the critical support at $28,000.

Conversely, if bulls drive the price above the 20-day EMA, the pair could challenge the 50-day simple moving average ($34,599).

If the price turns down from the 50-day SMA, the bears will again try to pull the price below $1,728.74.

Conversely, if the price turns down from the downtrend line, it will indicate that bears are selling on rallies.

If bulls drive the price above the 20-day EMA, the ADA/USDT pair could rise to the 50-day SMA.

A breakout and close above this resistance will invalidate the bearish descending triangle pattern, which could open the doors for a rally to $1.94.

Conversely, if the price turns down from the 20-day EMA, the bears will again try to sink the pair below $1.

If the price once again turns down from the 20-day EMA, it will suggest that sentiment remains negative and traders are selling on rallies.

Alternatively, if bulls drive the price above the 20-day EMA, it will indicate that bears are losing their grip.

If the price turns down from this resistance, the DOGE/USDT pair could again drop to $0.15 and remain range-bound for a few days.

If the price turns down from this resistance, bears will again attempt to sink the DOT/USDT pair below $10.

Contrary to this assumption, if bulls push the price above the 20-day EMA, the pair could move up to the 50-day SMA ($17.82).

If the price turns down from this resistance, the bears may fancy their chances and will again try to sink the UNI/USDT pair below $13.

If the price turns down from the 20-day EMA, the sellers will make one more attempt to sink the BCH/USDT pair below $370.

On the contrary, if bulls push and sustain the price above $118, the pair could climb up to the 20-day EMA ($127) where bears may again try to stall the relief rally.

If they succeed, the pair could again turn down but if bulls drive the price above the 20-day EMA, a rally to the 50-day SMA ($145) is possible

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$15.94

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cointelegraph.com
Market data feeds provided by cryptocompare.com
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