{"id":12160,"date":"2023-07-21T18:55:00","date_gmt":"2023-07-21T18:55:00","guid":{"rendered":"https:\/\/tokendices.com\/july-21-price-analysis-bitcoin-btc-ethereum-eth-ripple-xrp-binance-coin-bnb-cardano-ada-solana-sol-dogecoin-doge-polygon-matic-litecoin-ltc-polkadot-dot\/"},"modified":"2023-07-21T18:55:00","modified_gmt":"2023-07-21T18:55:00","slug":"july-21-price-analysis-bitcoin-btc-ethereum-eth-ripple-xrp-binance-coin-bnb-cardano-ada-solana-sol-dogecoin-doge-polygon-matic-litecoin-ltc-polkadot-dot","status":"publish","type":"post","link":"https:\/\/tokendices.com\/july-21-price-analysis-bitcoin-btc-ethereum-eth-ripple-xrp-binance-coin-bnb-cardano-ada-solana-sol-dogecoin-doge-polygon-matic-litecoin-ltc-polkadot-dot\/","title":{"rendered":"July 21 Price Analysis: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Cardano (ADA), Solana (SOL), Dogecoin (DOGE), Polygon (MATIC), Litecoin (LTC), Polkadot (DOT)"},"content":{"rendered":"

Several Bitcoin price indicators suggest that BTC’s narrow trading range could soon come to an end, leading to a volatile price move in BTC and altcoins. Glassnode’s latest weekly newsletter highlighted that Bitcoin’s consolidation has shrunk the Bollinger Bands, indicating a potential increase in volatility. However, it is difficult to predict the direction of the breakout with certainty. Despite the near-term uncertainty, the long-term outlook for Bitcoin remains bullish, with the potential for institutions to put Bitcoin on their balance sheets. <\/p>\n

In terms of specific cryptocurrencies, Bitcoin has been sustaining below the 20-day exponential moving average (EMA), indicating a lack of aggressive buying at current levels. Ether has been trading near the 20-day EMA, suggesting a state of equilibrium between bulls and bears. XRP experienced a temporary breakout above overhead resistance but failed to maintain strength. BNB continues to trade inside a symmetrical triangle pattern, indicating indecision between bulls and bears. Cardano’s bounce off the 20-day EMA fizzled out, suggesting selling on relief rallies. Solana failed to rise above overhead resistance, potentially leading to a deeper correction. Dogecoin successfully defended the 20-day EMA, indicating buyer interest at lower levels. Polygon turned up from the 20-day EMA, suggesting bullish momentum. Litecoin has been stuck between moving averages, indicating indecision. Polkadot bounced off strong support but faces resistance at higher levels.<\/p>\n

In summary:<\/p>\n

– Bitcoin’s narrow trading range could soon end, leading to increased volatility.<\/p>\n

– The long-term outlook for Bitcoin remains bullish.<\/p>\n

– Specific cryptocurrencies are experiencing mixed price action, with some showing potential for bullish moves and others facing resistance.<\/p>\n","protected":false},"excerpt":{"rendered":"

<\/p>\n

Several Bitcoin price indicators suggest that BTC\u2019s narrow trading range could end soon, resulting in a volatile price move in BTC and altcoins.<\/p>\n","protected":false},"author":1,"featured_media":12161,"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\/12160"}],"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=12160"}],"version-history":[{"count":0,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/posts\/12160\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/media\/12161"}],"wp:attachment":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/media?parent=12160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/categories?post=12160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/tags?post=12160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}