The price of Ripple (XRP) is putting in an impressive run, but is running into rejection twice at the $0.60 level. On July 20, the bears had pushed the cryptocurrency to the previous low at $0.51, but the bulls bought the dips.
Ethereum (ETH) continued to make positive moves after a sharp rebound on July 21. Ethereum bounced above the $1,730 support as the price rose to $2,040.
The price of Bitcoin (BTC) has risen to a high of $32,850 after a strong surge above the $29,400 support level. Today, the cryptocurrency is consolidating above the $32,000 support for further upside momentum.
Binance Coin (BNB) rebounds above $258 support as price reaches the high of $300 and pulls back. There is a long candlestick tail indicating that the bulls have bought the dips as the crypto rebounds above the current support.
Yesterday the price of Cardano (ADA) fell to a low of $1.02 and then rebounded. This was the previous low from June 22. The bears retested the previous low but were unable to break below it. Today, buyers push ADA to the previous high of $1.50 resistance.
Bitcoin Cash (BCH) saw its second round of downtrend as it fell to a low of $384 and resumed its upward correction. Price corrected upwards to $416 at the time of writing, but selling pressure is likely to continue.
The price of Ripple (XRP) is falling as it approaches its previous low at $0.51. Today, XRP is trading at $0.53 at the time of writing. The market will reach the oversold region if the selling pressure continues.
Ethereum (ETH) price has continued to fluctuate between $1,860 and $2,040 price levels. The bears failed to break the support at $1,860. Similarly, the upside has been restricted below $2,040.