Price analysis 6/26: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
Bitcoin price analysisThe bears are aggressively defending the $31,000 level however the bulls are not allowing the price to sustain below $30,000. If buyers kick the price above $1,936, the ETH/USDT pair could rise to the mentally crucial level of $2,000. If the cost turns down and breaks listed below $0.28, it will point to a range-bound action in between $0.24 and $0.30 for a few days.Alternatively, if bulls sustain the cost and shove above $0.30, it will signal the start of a stronger recovery to the 50-day SMA ($0.33).
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That has pulled the rate to the breakout level near 4,325. Bitcoin rate analysisThe bears are strongly protecting the $31,000 level however the bulls are not allowing the price to sustain listed below $30,000. If the cost turns down greatly from this level, it will suggest that bears are offering on rallies. If the price turns down and breaks below $0.28, it will point to a range-bound action in between $0.24 and $0.30 for a few days.Alternatively, if bulls shove and sustain the cost above $0.30, it will signify the start of a more powerful healing to the 50-day SMA ($0.33). Related: Bitcoin surfs $30K as traders hope United States trading will improve BTC priceDogecoin rate analysisDogecoin (DOGE) turned down from the overhead resistance of $0.07 on June 23, indicating that the bears are defending the level with vigor.DOGE/ USDT daily chart.