Price Analysis 7/14: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, LTC, MATIC, DOT
Bitcoin and several altcoins are pausing after the strong rally of the past two days, but the overall trend remains bullish.
Price analysis
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Ripple Labs' victory in the case against the United States Securities and Exchange Commission provides a significant boost to the crypto industry. Besides benefiting Ripple and XRP (XRP), analysts believe the move will weaken the regulator's case against Binance and Coinbase.
In another positive development for the crypto space, the US Dollar Index (DXY) completed a bearish head and shoulders pattern on July 12, followed by a drop below the psychological level of 100 on July 13. The DXY generally moves inversely correlated with Bitcoin (BTC); its weakness is therefore a positive sign for crypto bulls.
Daily performance of the cryptocurrency market. Source: Coin360LookIntoBitcoin creator Philip Swift said the increase in on-chain spending volume shows that Bitcoin is in the early phase of recovery. a bull market.
The strong rally in XRP and several other altcoins after Ripple's win is a sign that crypto bulls are making a comeback.
What are the re...
Bitcoin and several altcoins are pausing after the strong rally of the past two days, but the overall trend remains bullish.
Price analysis
Join us on social networks
Ripple Labs' victory in the case against the United States Securities and Exchange Commission provides a significant boost to the crypto industry. Besides benefiting Ripple and XRP (XRP), analysts believe the move will weaken the regulator's case against Binance and Coinbase.
In another positive development for the crypto space, the US Dollar Index (DXY) completed a bearish head and shoulders pattern on July 12, followed by a drop below the psychological level of 100 on July 13. The DXY generally moves inversely correlated with Bitcoin (BTC); its weakness is therefore a positive sign for crypto bulls.
Daily performance of the cryptocurrency market. Source: Coin360LookIntoBitcoin creator Philip Swift said the increase in on-chain spending volume shows that Bitcoin is in the early phase of recovery. a bull market.
The strong rally in XRP and several other altcoins after Ripple's win is a sign that crypto bulls are making a comeback.
What are the re...
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