{"id":2884,"date":"2023-08-07T11:15:03","date_gmt":"2023-08-07T11:15:03","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=2884"},"modified":"2023-08-07T11:15:03","modified_gmt":"2023-08-07T11:15:03","slug":"the-latest-on-bitcoin-and-cryptocurrencies-august-7","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/the-latest-on-bitcoin-and-cryptocurrencies-august-7\/","title":{"rendered":"The Latest on Bitcoin and Cryptocurrencies – August 7"},"content":{"rendered":"
\n

 <\/p>\n

As we start the new day, how are the prices of Bitcoin<\/strong> and popular altcoins<\/strong>? Is the upward trend still continuing? Here are the BTC and ETH prices!<\/p>\n

There was a rising channel movement in Bitcoin. It broke down and reached its target. However, it still continues to hold on the $29,000 support. This unbroken support structure presents us with two options. The first option could break after liquidating short positions. The second option is that a strong wick below the $29,000 level could result in a sharp rise, leaving many in the opposite position. Seeing one of these two scenarios is a highly expected event in crypto dynamics.<\/p>\n

Follow us on <\/strong>Google News<\/strong><\/a> to stay instantly informed about this type of content!<\/strong><\/h4>\n

\u2023 Bitcoin (BTC)<\/strong> At the time of writing, the BTC\/USD pair is trading at $29,508, up 0.07%. Resistance levels for BTC are between $30,400 – $30,800, while support levels are between $29,000 – $28,250.
\n\u2023 Ethereum (ETH<\/strong>) At the time of writing, the ETH\/USDT pair is trading at $1,839, up 0.58%. Resistance levels for ETH are between $1,904 – $1,975, while support levels are between $1,821 – $1,776.<\/p>\n

\u2023 ApeCoin (APE)<\/strong> At the time of writing, the APE\/USD pair is trading at $1.91, up 3.16%. Resistance levels for APE are between $2.16 – $2.43, while support levels are between $1.77 – $1.47.<\/p>\n

\u2023 Coin98 (C98) <\/strong> At the time of writing, the C98\/USD pair is trading at $0.1419, up 3.79%. Resistance levels for C98 are between $0.1447 – $0.1489, while support levels are between $0.1345 – $0.1269.<\/p>\n

\u2023 Yield Guild Games (YGG)<\/strong> At the time of writing, the YGG\/USD pair is trading at $0.57, up 5.29%. Resistance levels for YGG are between $0.66 – $0.78, while support levels are between $0.53 – $0.46.<\/p>\n<\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

  As we start the new day, how are the prices of Bitcoin and popular altcoins? Is the upward trend still continuing? Here are the BTC and ETH prices! There was a rising channel movement in Bitcoin. It broke down and reached its target. However, it still continues to hold on the $29,000 support. This<\/p>\n","protected":false},"author":1,"featured_media":2885,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[563,852,851,61,842,849,854,853,847,845,843,850,848,844,846,856,855],"class_list":["post-2884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-genel","tag-altcoins","tag-ape-usd","tag-apecoin","tag-bitcoin","tag-btc-price","tag-btc-usd","tag-c98-usd","tag-coin98","tag-crypto-news","tag-cryptocurrency-analysis","tag-eth-price","tag-eth-usdt","tag-google-news","tag-market-trends","tag-trading-insights","tag-ygg-usd","tag-yield-guild-games"],"yoast_head":"\nThe Latest on Bitcoin and Cryptocurrencies - August 7<\/title>\n<meta name=\"description\" content=\"How are the prices of Bitcoin and popular altcoins at the start of the new day? Is the rise continuing? 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