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XRP's July Uptrend Threatened as Bitcoin's $120K Price Resistance Holds

2025-07-23 12:14:45

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This is a daily analysis of top tokens with CME futures by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin: Rangeplay continues with MACD teasing bearish flip Bitcoin (BTC) hit a record high above $123,000 on July 14, before entering a period of consolidation. Prices have since been range-bound between resistance at $120,000 and support at $116,000, with bulls once again failing to establish a foothold above the former in the past 24 hours. This choppy trading, along with...

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