Price analysis 8/2: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT
The bears pulled the rate listed below the instant support at $28,861 however the long tail on the candlestick shows aggressive purchasing at lower levels.BTC/ USDT day-to-day chart. BNB rate analysisBNBs (BNB) volatility picked up on Aug. 1 however the bulls could not press the cost above the resistance line of the triangle.BNB/ USDT daily chart. Solana cost analysisSolana (SOL) snapped back from the strong support at $22.30 on Aug. 1 however the bulls could not sustain the cost and press above the 20-day EMA ($24.02). Related: Why is Bitcoin cost stuck?Polygon price analysisPolygon (MATIC) has been gradually pulling down lower. The bears yanked the rate listed below the 50-day SMA ($0.69) on July 31 however the bulls pressed the cost back above the level on Aug. 1.
BNB price analysisBNBs (BNB) volatility picked up on Aug. 1 but the bulls might not press the price above the resistance line of the triangle.BNB/ USDT daily chart. Solana price analysisSolana (SOL) snapped back from the strong assistance at $22.30 on Aug. 1 however the bulls might not sustain the rate and press above the 20-day EMA ($24.02). The bears pulled the rate listed below the 50-day SMA ($0.69) on July 31 however the bulls pushed the price back above the level on Aug. 1.