THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook July 31
ETH/USD
Ethereum markets fell hardly adjoin the US dollar on Friday, slicing through the $200 level. It now looks as if we are activity to cull aback a bit further, and I ahead that we should see abutment abreast the $180 level, and best absolutely abreast the $160 level. Alternately, if we breach aloft the highs from the Wednesday session, that could accelerate this bazaar attractive appear the $240 level.
ETH/BTC
As this bazaar has about been “dead money” over the aftermost week, it’s not hasty that we bankrupt bottomward a bit. We are now aloof beneath the 0.07 level, and it looks acceptable that we will apparently alluvion appear the 0.06 handle area I would apprehend to see added support. In the meantime, it looks like Bitcoin is adopted over Ethereum.
Thanks for watching, we’ll see you afresh tomorrow.
