Main navigation

BTC, ETH and XRP Price Analysis for July 31

Sun, 31/07/2022 - 14:47
BTC, ETH and XRP Price Analysis for July 31
Cover image via

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Most of the coins faced a correction period on the last day of the week.


Top coins by CoinMarketCap


Despite the slight decline, the rate of Bitcoin (BTC) has risen by 5.19% over the last 7 days.

BTC/USD chart by TradingView

On the weekly chart, Bitcoin (BTC) looks bullish as the rate stays above the $23,000 mark. If bulls can hold the initiative, one can expect a continued rise to the $25,000 zone on the first days of the upcoming month.

ETH, ADA and BNB Price Analysis for July 29

Such a scenario is relevant until mid-August.

Bitcoin is trading at $23,710 at press time.


Ethereum (ETH) has gained even more than Bitcoin (BTC) as the rate has grown by almost 8%.

ETH/USD chart by TradingView

Ethereum (ETH) has continued the rise after the false breakout of the mirror level at $1,476. In this case, the more likely scenario is a test of the $1,900-$2,000 area within the next days.

Ethereum is trading at $1,711 at press time.


XRP is showing the same growth as Ethereum (ETH), rising by 8%.

XRP/USD chart by TradingView

XRP is trading near its resistance level at $0.3893 on the weekly chart. If the candle closes above this mark, there is a high possibility to see a sharp upward move to the $0.40 zone soon.

XRP is trading at $0.3895 at press time.


Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles