Bulls are once again dominating the market, with all major coins remaining in the top 10.
Top coins by CoinMarketCap
BSV/USD
Bitcoin SV (BSV) could not follow the growth of top 10 coins. The price of BTC's fork has declined by 2.22 percent over the last 24 hours.
BSV/USD chart by TradingView
On the hourly chart, Bitcoin SV (BSV) has recorded a big candle accompanied by large trading volume. It means that the correction might be over in the mid-term, and bulls can keep the rise. In this regard, there is a chance of getting back to the $145 level, where most of liquidity is focused.
BSV/USD chart by TradingView
From the technical point of view, Cardano (ADA) has the potential to keep its uptrend intact after passing the zone of the most liquidity around $135. Furthermore, the growth is supported by the increasing trading volume. That is they, the level of $143 might be attained within the few days.
BSV/USD chart by TradingView
On the daily chart, Bitcoin SV (BSV) is located at a zone of liquidity of around $140. At the moment, neither bulls nor bears have seized the opportunity, which means that trading sideways in the range of $135-$145 is more likely until mid-August.
BSV is trading at $138 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.
Recommended Content
Editors’ Picks
Vitalik Buterin slams controversial gambling project ZKasino following scam allegations
Ethereum founder Vitalik Buterin took to Warpcaster, a new type of social network, to condemn ZKasino, a decentralized gambling platform based on Layer 2 Ethereum protocol zkSync.
Starknet jumps 2% after notice inviting specific groups to claim STRK airdrop
Starknet Foundation addressed the groups within the STRK community that were unable to receive the token’s airdrop during the first round. The Layer 2 chain organized an airdrop event in February.
XRP price capped at $0.55 despite retail holdings nearing all-time highs
Ripple price (XRP) failed to break resistance at $0.55 early Wednesday as traders continue to digest Ripple’s recent response to the Securities and Exchange Commission’s (SEC) allegations of illegally selling XRP as a security.
Binance founder Changpeng Zhao could face three-year jail time
US prosecutors are requesting Binance founder and former CEO Changpeng Zhao (CZ) to serve a three-year jail time, according to a Reuters report published Wednesday.
Bitcoin: BTC post-halving rally could be partially priced in Premium
Bitcoin (BTC) price briefly slipped below the $60,000 level for the last three days, attracting buyers in this area as the fourth BTC halving is due in a few hours. Is the halving priced in for Bitcoin? Or will the pioneer crypto note more gains in the coming days?