Ethereum

Bitcoin

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Some coins keep rising, while others are facing a slight correction, according to the <a href="https://u.today/aave-price-analysis-for-july-5">CoinMarketCap ranking.</a>
<img alt="Top coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="16636317-292e-451f-a3c1-25e92971337d" src="https://u.today/sites/default/files/inline-images/top10_528.png">
Top coins by<a href="https://coinmarketcap.com/"> CoinMarketCap</a>
<h2 id="btc-usd">BTC/USD</h2>
The rate of Bitcoin (BTC) has risen by 1.36% over the last 24 hours.
<img alt="BTC/USD chart by TradingView" data-entity-type="file" data-entity-uuid="abd4c13a-04cc-4c20-bbec-0a045dc5f956" src="https://u.today/sites/default/files/inline-images/btc1_113.png">
Image by <a href="https://www.tradingview.com/symbols/BTCUSD">TradingView</a>
On the daily chart, the rate of Bitcoin (BTC) has once again tested the resistance level at $31,458. At the moment, traders should pay attention to the bar closure. If buyers can hold the gained initiative until the end of the day, there could be enough strength for a sharp upward move to at least the $32,000 zone.
Bitcoin is trading at $31,132 at press time.
<h2 id="eth-usd">ETH/USD</h2>
Ethereum (ETH) is less gainer than Bitcoin (BTC), rising by 1% since yesterday.
<img alt="ETH/USD chart by TradingView" data-entity-type="file" data-entity-uuid="c65ab24b-e03b-47f2-98a6-2d147f12615b" src="https://u.today/sites/default/files/inline-images/eht_1.png">
Image by <a href="https://www.tradingview.com/symbols/ETHUSD">TradingView</a>
From the technical point of view, Ethereum (ETH) is looking less bullish than Bitcoin (BTC), as the price is trading far from the resistance level at $1,959. If the situation does not change until the end of the day, traders might witness one more correction to the $1,900-$1,920 area shortly.
Ethereum is trading at $1,940 at press time.
<h2 id="xrp-usd">XRP/USD</h2>
XRP is an exception to the rule, going down by 0.72%.
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="e2792cb8-8d8f-480c-b2b8-ecc65de837db" src="https://u.today/sites/default/files/inline-images/xrp_304.png">
Image by <a href="https://www.tradingview.com/symbols/XRPUSD">TradingView</a>
The rate of XRP keeps trading sideways as neither buyers nor sellers have seized the initiative yet. Such a statement is also confirmed by falling volume. In this case, ongoing sideways trading in the area of <a href="https://u.today/xrp-price-analysis-for-july-5">$0.47-$0.49</a> is the more likely scenario for the next few days.
XRP is trading at $0.4791 at press time.

BTC, ETH and XRP Price Analysis for July 6

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