Most of the coins faced a correction period on the last day of the week.
BTC/USD
Despite the slight decline, the rate of Bitcoin (BTC) has risen by 5.19% over the last 7 days.
BTC/USD chart by TradingView
On the weekly chart, Bitcoin (BTC) looks bullish as the rate stays above the $23,000 mark. If bulls can hold the initiative, one can expect a continued rise to the $25,000 zone on the first days of the upcoming month.
Such a scenario is relevant until mid-August. Bitcoin is trading at $23,710 at press time.
ETH/USD
Ethereum (ETH) has gained even more than Bitcoin (BTC) as the rate has grown by almost 8%.
ETH/USD chart by TradingView
Ethereum (ETH) has continued the rise after the false breakout of the mirror level at $1,476. In this case, the more likely scenario is a test of the $1,900-$2,000 area within the next days. Ethereum is trading at $1,711 at press time.
XRP/USD
XRP is showing the same growth as Ethereum (ETH), rising by 8%.
XRP/USD chart by TradingView
XRP is trading near its resistance level at $0.3893 on the weekly chart. If the candle closes above this mark, there is a high possibility to see a sharp upward move to the $0.40 zone soon.
XRP is trading at $0.3895 at press time.
Any financial and market information given on U.Today is written for informational purposes only. Conduct your own research by contacting financial experts before making any investment decisions.
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