Ethereum

Bitcoin

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Bears are dominating on the first day of the week, according to the <a href="https://u.today/binance-coin-bnb-price-analysis-for-july-30" rel="noopener noreferrer nofollow">CoinMarketCap ranking</a>. 
<img alt="Top coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="2dcaafa3-edc8-452e-b73c-49a4811e8ae0" src="https://u.today/sites/default/files/inline-images/top10_576.png"> 
Image by <a href="https://www.tradingview.com/symbols/BTCUSD" rel="noopener noreferrer nofollow">TradingView</a> 
<h2 id="btc-usd">BTC/USD</h2> 
The rate of Bitcoin (BTC) is almost unchanged since yesterday. 
<img alt="BTC/USD chart by TradingView" data-entity-type="file" data-entity-uuid="1d16dbf4-1c4a-4d76-ba46-4d0bb17d45cc" src="https://u.today/sites/default/files/inline-images/btc_505.png"> 
Image by <a href="https://www.tradingview.com/symbols/BTCUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the daily chart, the rate of Bitcoin (BTC) is more bearish than bullish, as the price has once again bounced off the resistance at $29,508. If nothing changes by the end of the day, traders are likely to see the test of the $29,000 area soon. 
Bitcoin is trading at $29,295 at press time. 
<h2 id="eth-usd">ETH/USD</h2> 
Ethereum (ETH) is looking more bearish than BTC as the rate has fallen by 0.76% over the last 24 hours. 
<img alt="ETH/USD chart by TradingView" data-entity-type="file" data-entity-uuid="6033af22-fb8b-4cca-92ad-0565406a10da" src="https://u.today/sites/default/files/inline-images/eth1_77.png"> 
Image by <a href="https://www.tradingview.com/symbols/ETHUSD" rel="noopener noreferrer nofollow">TradingView</a> 
From the technical point of view, Ethereum (ETH) is set to maintain the drop as the price has failed to fix above the $1,870 mark. Currently, a vital thing to watch is buyers' reaction in the area of $1,850. 
If bulls lose that area, the drop may continue to the support at $1,816 soon. 
Ethereum is trading at $1,858 at press time. 
<h2 id="xrp-usd">XRP/USD</h2> 
XRP is the biggest loser today, going down by 2.49% since yesterday. 
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="84b4f182-b4bc-43bd-9575-3af229a517f6" src="https://u.today/sites/default/files/inline-images/xrp_310.png"> 
Image by <a href="https://www.tradingview.com/symbols/XRPUSD" rel="noopener noreferrer nofollow">TradingView</a> 
Despite today's fall, the rate of XRP is trading sideways as neither bulls nor bears have seized the initiative yet. However, if buyers lose the interim level of $0.68, the accumulated energy might be enough for a support breakout, followed by an ongoing correction to the $0.65-$0.66 area. 
XRP is trading at $0.6996 at press time.

BTC, ETH and XRP Price Analysis for July 31

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