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BTC, ETH, and BNB Price Analysis for July 14

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Wed, 14/07/2021 - 19:58
BTC, ETH, and BNB Price Analysis for July 14
Cover image via www.tradingview.com

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The cryptocurrency market is trying to break its bearish streak, with the majority of the top 10 coins being in the green zone.

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Top coins by CoinMarketCap

BTC/USD

Bitcoin (BTC) has risen by 1 percent over the last day.

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BTC/USD chart by TradingView

Bitcoin (BTC) has once again bounced off the support at $32,000, having confirmed the bulls' power.

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The trading volume is slightly rising, which means that there is a chance of seeing the ongoing growth to $37,000 where most of the liquidity is focused.

Bitcoin is trading at $32,888 at press time.

ETH/USD

Ethereum (ETH) is the biggest gainer today, rising by 1.45 percent since yesterday.

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ETH/USD chart by TradingView

Ethereum (ETH) has bounced back to the vital level of $2,000, which means that bulls are controlling the situation on the market. In this case, the more likely scenario is an uptick to the area of $2,200 and above.

Ethereum is trading at $2,010 at press time.

BNB/USD

Binance Coin (BNB) is not an exception, rising by 0.16 percent.

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BNB/USD chart byTradingView

Binance Coin (BNB) might also grow in the mid-term if it keeps trading above the crucial $300 level. In this case, there is a high possibility of seeing a spike to $340 soon.

BNB is trading at $311 at press time.

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