Price analysis 8/30: BTC, ETH, ADA, BNB, XRP, DOGE, SOL, DOT, UNI, LUNA
Bitcoin and select major altcoins are still facing selling at overhead resistance levels, indicating that the next leg of the uptrend may have to wait.
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Bitcoin and select major altcoins are still facing selling at overhead resistance levels, indicating that the next leg of the uptrend may have to wait.
Bitcoin and altcoins saw a strong bounce off their respective support levels, a sign that traders are still buying on dips.
Even with Wednesday's pullback, Bitcoin and most major altcoins are finding buyers on minor dips to underlying support levels, signaling that the trend remains bullish.
Select altcoins are likely to move higher even as Bitcoin price takes a breather after hitting $50,000 for the first time in months.
Bitcoin has resumed its move toward $50,000 and this is likely to send altcoin prices higher.