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ALPEX MARKETS WRAP

(16/7/2021–17:00PM Fri)

The #bitcoin price made several recovery attempts this week. However, it failed to break through the $33K resistance level, and if it closes below $30K today, the shorts could aim for a test of $28.5K.

ETH is currently at risk of more declines, and a close below $1,800 today could see shorts test the $1,500 support line in the coming days.

#Bitcoin was trading at around $31,070.03 as of 17:30 (GMT+4). It has risen 0.30% in the last 24 hours.
● Bitcoin’s 24-hour range: $31,022.46-$32,050.70 (ALPEX EXCHANGE DATA)
#BTC price remains at a risk of a decline below $30,000.
#ETH could nosedive if it breaks $1,750.
#LINK is struggling to stay above $15.
#COMP could fall back to near $380.
#DOGE and #SHIB are still down 3%-6% today.

【#Alpex_io Markets Wrap】
Up to 17:00 (GMT+4) today
🔸 BTC +0.30% ↑
🔸 ETH -1.04% ↓
🔸 LINK -2.51% ↓
🔸 COMP -6.55% ↓
🔸 DOGE -3.86% ↓
🔸 SHIB -2.16% ↓

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ALPEX

ALPEX

ALPEX is a cutting-edge digital asset and derivatives trading platform, created to provide the world’s best and most secure online trading experience.