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July 29, 2022

A Daily Outlook: BTC/USD; July 29, 2022

Top Headlines on Digital Currency:

Yesterday, Ethereum deployed its tenth shadow fork, about 26 hours ahead of schedule.
Shiba Inu recently proposed the release of a crypto card.
Harmony protocol is planning on minting billions of ONE tokens.
Solana has been emerging as a strong competitor to Ethereum in the NFT market.
Web3 domain name provider Unstoppable Domain has raised a total of $65 million in series A funding round.

Source: ambcrypto

Technical View:

The BTC appreciates on Friday and hovers around $24,000 mark.
The pair made intraday high at $24,445 and low at $23,713 mark.
Today a day chart is down and H1 chart with triple EMA suggests up trend for the time being.
A sustained close above $24,200 on H1 chart requires for the upside rally.
Alternatively, a consistent close below $23,500 on H1 chart requires for the downside rally.

SUPPORTS	RESISTANCES
$23,500	$24,200
$23,050	$24,810
$22,800	$25,400
$22,410	$25,900
$22,000	$26,500

Take a look and do trade wisely!
Good Luck

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