RATE Group | Bitcoin, Ethereum, Ripple and EOS Price Analysis 27th July
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Bitcoin, Ethereum, Ripple and EOS Price Analysis 27th July

28 Jul Bitcoin, Ethereum, Ripple and EOS Price Analysis 27th July

Posted at 05:42h in Ethereum News by

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Bitcoin remained in a solid uptrend this week and traded towards $8,500 before correcting lower. Ethereum, Ripple, EOS and Bitcoin Cash failed to gain traction and mostly consolidated.

Crypto Price Watch

Key Takeaways:

  • Bitcoin price climbed higher and traded above the $7,600 and $8,200 resistances.
  • ETH/USD is following a rising trend line with current support at $458.
  • Ripple price struggled to break the $0.4650 resistance and declined to $0.4500.
  • EOS is holding an important support at $8.00, which is a positive sign.
  • The best performers during the past seven days were Refereum, DMarket, HollyWoodCoin and Scroll.

Bitcoin Price Analysis

Bitcoin price has started a major upward move this week after forming a support base near $7,200. BTC/USD climbed higher and broke the $7,800, $8,000. $8,200 and $8,400 resistance levels.

Bitcoin Price Analysis BTC USD

Bitcoin Price Chart: Click to Enlarge

Looking at the 4-hours chart, the price traded a few points above $8,500 and formed a high at $8,503. Later, a correction phase was…

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