Bitcoin remains below $ 120k, Ethereum and XRP weaken, Solana stops under resistance

Bitcoin remains limited below $ 120,000, showing a limited movement despite the high volume of negotiation in the options market. The positioning of the concessionaire at the raffle prices of $ 120,000 and $ 120,500 has created a negotiation band, where most of the activity is driven by the coverage behavior. This configuration forces market manufacturers to buy falls and sell demonstrations, compressing price swings.

A break below the level of $ 117,000 would put the maximum of May about $ 112,000. On the positive side, $ 120,000 is still a roof that has not been raped daily for more than a week.

The three -line rest table registered an insignificant gain of 0.12% on July 22, pointing out a position in the ascending movement. That little reading is often a sign of decelerating participation, especially after the profits sustained at the beginning of the month.

Resistance levels: $ 120,000, $ 123,181
Support levels: $ 117,000, $ 114,700, $ 111,965

Ethereum retires from the seven -month peak

Ethereum briefly touched $ 3,937 before going back to the area of ​​$ 3,880. While the price moved above last week, technical confirmation was missing. The 14 -day RSI did not follow the price to a new maximum, establishing a divergence. At the same time, the MACD histogram was reduced, approaching a negative crossing in the daily table.

Protocol chain metrics have not kept up to date with the price movement. The rates and revenues of the network remain flat, which could limit greater profits unless the user activity increases.

A failure in maintaining $ 3,510 would change the approach to lower levels. The immediate resistance remains at $ 4,000 and $ 4,100, where sellers have emerged constantly since the beginning of the second quarter.

Resistance levels: $ 4,000, $ 4,100, $ 4,382
Support levels: $ 3,770, $ 3,510, $ 3,000

XRP revolves lower after rejection of $ 3.35

XRP reversed the previous profits after trying $ 3.35, a level that had previously served as support before becoming resistance. The investment was confirmed by short -term indicators: the RSI broke down below its line of trend in the hourly graph, and the MACD histogram became negative.

The following downward objective is $ 2.96, the minimum since July 24. If that fails, the price could visit the maximum of May, $ 2.65. The weekly candles show a higher pattern of Tweeze at $ 3.65, which historically indicates a price peak when confirmed by weakness in the following sessions.

Resistance levels: $ 3.35, $ ​​3.65, $ 4.00
Support levels: $ 2.96, $ 2.65, $ 2.44 (200 -day SMA)

Solana is traded near the upper channel but faces heavy sale

Currently, Solana is maintained above its Ichimoku cloud per hour, but the price remains below the level of $ 205- $ 206, where a top of the daily clamp was established. That formation has not been invalidated, and the volume at higher levels continues to decrease.

The $ 184 brand is the highest to see. A closure below this could open the path to the 200 -day mobile average about $ 163. Merchants remain cautious here, since the previous rejections of this area have caused multiple sessions decreases.

Resistance levels: $ 205– $ 206, $ 218, $ 252
Support levels: $ 184, $ 163, $ 126

The graphics remain in the range without follow -up in the outbreaks

Until now, all upward tests of this week in the specialties have stagnated in resistance or have vanished in the volume in decline. Bitcoin’s movement above $ 120,000 did not activate a follow -up. Ethereum has not been able to keep the daily closure above $ 3,400. XRP is rolling below its average of 20 days. Solana remains limited below $ 206, without invalidation of its tube cover.

No important currency has recovered a broken trend line or has made a convincing maximum. Until one does, the price action in all areas remains linked to rank and reactive, with a brief configuration near the resistance that still find more traction than long tickets.

Also read: Solana could reach the market value of $ 500 billion in five years