Bitcoin price & Altcoin analytics

The price of Polkadot (DOT) has made impressive moves as the altcoin breaks above the moving averages. Today, DOT /USD was forced to move sideways below resistance at $20. The altcoin has been fluctuating between $17 and $20 since August 1.

Ethereum (ETH) price has continued its upward trend. Over the past 48 hours, buyers have struggled to advance above $2,850. The resistance has caused the altcoin to consolidate below the recent high.

Following the August 1 rally, the price of Ripple (XRP) hit a high of $0.77 before being pushed back. The altcoin has been forced to move sideways between $0.70 and $0.76.

On August 1, Binance Coin (BNB) rose to a high of $347 but failed to sustain the uptrend. Bulls were overwhelmed as the altcoin fell back to $320. At the current $320 support, bears and bulls engaged in a price tussle for 48 hours before the upward correction kicked in.

The Bitcoin (BTC) price appears to be under renewed selling pressure as the upside correction faces rejection at the $40,000 level. On July 4, the BTC price broke down to $37,500 and resumed its upward correction.

Bitcoin Cash's (BCH) uptrend has been stuck below $560 resistance since July 31. Bulls have retested the upper resistance three times but have been rejected.

Since August 1, the price of Cardano (ADA) has risen to a high of $1.38. Shortly after reaching the new price level, the cryptocurrency asset fell back to a low of $1.26. Buyers pushed the altcoin to the previous high, but the upward momentum could not be sustained.

As of August 3, 2021 Litecoin (LTC) is trading at $138.28. Litecoin will likely continue to rise if the price bars remain above the moving averages.

On August 3, 2021, the price of Ripple (XRP) fell back after rejecting the high at $0.76.