Price predictions 7/30: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, XLM, SUI
Main Idea
The article analyzes the current price trends and potential future movements of various cryptocurrencies, including BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, XLM, and SUI, based on technical indicators and historical data.
Key Points
1. Bitcoin (BTC) is consolidating below $120,000, with potential for a breakout to $135,000 if it surpasses $120,000, or a drop to $110,530 if it falls below $115,000.
2. Ether (ETH) is attempting to maintain above $3,745, with a possible rise to $4,094 if support holds, or a decline to $3,516 if support fails.
3. BNB is testing the $794 support level, with a rebound potentially leading to a retest of its all-time high of $861, while a break below could see it drop to $751.
4. Solana (SOL) is near its 20-day SMA ($178), with a rebound possibly pushing it toward $209, while a break below could see it fall to $160.
5. Dogecoin (DOGE) has broken below its 20-day SMA ($0.22), with potential to drop to $0.21 or rebound to $0.26 if it regains the SMA.
Description
Bitcoin’s tight consolidation just below $120,000 suggests the bulls are holding on to their positions as they anticipate an uptick in volatility.
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