![](\"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=840\/https:\/\/s3.cointelegraph.com\/uploads\/2023-07\/535c2117-f4fb-4769-ba9a-06eca4836016.jpg\")
<\/p>\n– Bitcoin is facing critical resistance at $31,000, which could trigger a broader crypto rally.<\/p>\n
– The US equity markets have performed well, with the Nasdaq Composite up 31.7% and the S&P 500 up 15.9% in the first half of the year.<\/p>\n
– Bitcoin has led the recovery in the cryptocurrency markets, rising 20% in Q2 2023.<\/p>\n
– Altcoins are starting to show signs of life, suggesting a potential rally in the coming weeks.<\/p>\n
– The S&P 500 Index has bounced off support at 4,325 and is likely to continue its uptrend towards 4,650.<\/p>\n
– The US Dollar Index has shown strength, with buyers stepping in at lower levels.<\/p>\n
– Bitcoin’s price is being supported by bullish buying, and if it breaks above $31,000, it could rally towards $40,000.<\/p>\n
– Ether is also showing bullish signs, with support at $1,866 and potential resistance at $2,142-$2,200.<\/p>\n
– BNB is consolidating between $220 and $265, with resistance expected at the higher level.<\/p>\n
– XRP is facing resistance at the 20-day EMA, but a break above could lead to a rally towards $0.53 and $0.58.<\/p>\n
– Cardano is seeing buying on minor dips and could start a relief rally if it breaks above $0.30.<\/p>\n
– Dogecoin remains range-bound between $0.06 and $0.07, with a break above $0.07 needed for a sustained recovery.<\/p>\n
– Solana is trading between the 20-day EMA and the downtrend line, with a break above the downtrend line potentially leading to a rally towards $22 and $24.<\/p>\n
– Litecoin has broken above resistance at $106 and could continue its uptrend towards $134-$144.<\/p>\n
– This article does not provide investment advice and readers should conduct their own research.<\/p>\n","protected":false},"excerpt":{"rendered":"
<\/p>\n
The bulls are trying to nudge Bitcoin above the critical resistance of $31,000, which may start a broad-based crypto rally.<\/p>\n","protected":false},"author":1,"featured_media":11960,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[15,17],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/posts\/11959"}],"collection":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/comments?post=11959"}],"version-history":[{"count":0,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/posts\/11959\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/media\/11960"}],"wp:attachment":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/media?parent=11959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/categories?post=11959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/tags?post=11959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}