Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto majors strike formidable resistance, short-term upside limited
Bitcoin price has spoiled investors during a relentless rebound from the July low. Still, it is time for some form of corrective process to release the price compression generated during the rebound. Ethereum price records a rare rebound of nine consecutive up days, confirming a firm low for the smart contracts giant. XRP price triggers double bottom, raising the probabilities of a test of $1.00.
Dogecoin price has stumbled after the energetic charge of 11% on July 21, registering just a 7% gain over the last nine days. Many of the days have concluded with doji candlestick patterns, signifying a balance between buyers and sellers and overall uncertainty within the ranks of DOGE investors. Until the altcoin can register a daily close above the declining 50-day SMA, it is better to let Dogecoin price sway in the boundaries of the ascending parallel channel pattern.
MATIC price is nearing the resumption of the new advance as the contracting price action in the form of inside days, and a symmetrical triangle has created the price energy for a special breakout above the 50-day SMA at $1.09. Only a daily close below the June 22 low will void the bullish short-term narrative for Polygon.
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