Price analysis 7/26: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT By Cointelegraph

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© Reuters.

broke below the support of its narrow range on July 24, but the bears have not been able to capitalize on it and start a sharp downward move. This is a positive sign, as it shows a lack of aggressive selling at lower levels. The bulls will have to push and sustain the price back above $31,000 to trap the aggressive bears.

Bitcoin’s (BTC) volatility is likely to pick up following the Federal Reserve’s policy decision on July 26 and the subsequent commentary by Fed Chair Jerome Powell. Rather than the knee-jerk reaction to the event, it will be of interest to note where Bitcoin’s price settles down.

Daily cryptocurrency market performance. Source: Coin360
ETH/USDT daily chart. Source: TradingView
XRP/USDT daily chart. Source: TradingView
BNB/USDT daily chart. Source: TradingView
ADA/USDT daily chart. Source: TradingView
SOL/USDT daily chart. Source: TradingView
DOGE/USDT daily chart. Source: TradingView
MATIC/USDT daily chart. Source: TradingView
LTC/USDT daily chart. Source: TradingView

price analysis

DOT/USDT daily chart. Source: TradingView