Price analysis 8/4: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT

) from its range. The report showed the addition of 187,000 jobs, fewer than the 200,000 expected by economists. But average hourly wages remained strong, showing an increase of 0.4% for the month against expectations of a 0.3% rise.Although the price remains stuck inside a range, analysts are putting out bullish projections for the second half of the year.

to the downside. What are the important support and resistance levels to watch out for in Bitcoin and altcoins? Let’s study the charts of the top 10 cryptocurrencies to find out.Bitcoin’s price is getting squeezed between the 20-day exponential moving average of $29,523 and the horizontal support at $28,861.The downsloping 20-day EMA and the relative strength index in the negative zone indicate that bears have a slight edge.

On the contrary, if the price bounces off $28,861, it will indicate that the bulls are protecting this level with all their might. A break and close above $30,000 will signal a comeback by the bulls. The pair may then climb to the overhead resistance zone between $31,804 and $32,400.

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