$BNB BNB Price Prediction
Binance Coin (BNB) dropped from $585 to $553 as of early July, mirroring the selling pressure Bitcoin was under. If BTC declines further, BNB could retest the $536 and $495 levels. Conversely, a bounce off the $551 support could trigger a move toward the 50-day simple moving average (SMA50) at $604, potentially targeting new highs above $635 and $700.
Solana’s Current Status
On July 2, Solana (SOL) managed to break above resistance but succumbed to selling pressure at the $156 SMA50. As the U.S. market performed strongly and the U.S. dollar index fell,
SOL remains under downward pressure. Trading below the $145 EMA50 and a neutral RSI, SOL’s weakness could continue in the $116 to $156 range. However, if the current resistance is breached, SOL could target $175 and $189, with $205 being the key levels.
$XRP XRP Price Prediction
XRP is currently battling bearish forces trying to sustain the price below $0.46 and is currently trading at $0.465. If the bearish pressure prevails, we could see new lows between $0.41 and $0.46. To trigger a possible bullish reversal, XRP would need to close above the $0.5 support level.
Dogecoin Market Analysis
Dogecoin (DOGE) is facing a huge resistance and is unable to break above the $0.13 level. If the key support level of $0.12 is lost, Dogecoin may fall back to $0.1 and further to $0.08. However, breaking through the resistance level of $0.13 may push it to gradually rise to $0.18.
Bitcoin price opened higher on Monday and then broke through $63,000. After these events, people expected Bitcoin price to rise further, but this did not happen. The market actually collapsed again.
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