Binance Coin Price Prediction and Analysis for July 28th – BNB to End Year at $274
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Traders are still buying BTC and major altcoins on each dip, but selling near overhead resistance could be a sign that price action will remain range-bound in the short-term.
Despite July 20's pullback, the market structure of BTC and most altcoins is still showing early signs of a trend reversal.
Bitcoin and select altcoins are discounted and trading close to critical support levels, but will buyers step in?
Bitcoin and select major altcoins have risen from their recent lows, signaling an increase in volatility in the near term.
Bitcoin and select altcoins are making an attempt at flipping key resistance levels, but negative news-flow and selling from BTC miners could continue to weigh on market sentiment.
Bitcoin and altcoins have held their immediate support levels, suggesting the start of a relief rally in the short term.
Traders expect Bitcoin to swoop below its swing low before the price flattens out and altcoins begin to recover.