BNB and BTC Analysis and Predictions Monday 25th July 2022

VCGamers analyzed the movement of BNB/USDT and BTC/USDT crypto assets today, Monday 25 July 2022.

This analysis and prediction is done by looking at the candle stick of the crypto.

So how are the movements of the two crypto assets? Let's see!

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BNB/USDT analysis

Based on the analysis, the BNB/USDT market on today's time frame shows a Close Candle Inverted Hammer.

Where from around 07.00 WIB until noon, it appears that buyers are under pressure at the opening of the market.

It is predicted that buyers will be pushed to support at the price of $245,-.

After that, they will try to fight the seller's movement to resistance at the price of $268,- / $284,- in this week's forecast which is still in the Descending Channel area.

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BTC/USDT analysis

Meanwhile, on the BTC/USDT market it appears that buyers are being pushed by sellers to support at the price of $20.623,-.

If at this support the buyers are able to put up a fight against the sellers, it will lead to resistance at the price of $22.533,- /$24.129,- which is still in the ascending channel area.

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With this analysis, you are expected to continue to do the analysis independently before committing crypto investment.

This needs to be done so that you can find out the fundamentals and various information about the crypto asset you want to buy.

Expand information through existing literacy about the crypto asset you want to choose.

You also have to know the risks and benefits of the crypto investments you make.

So, you can minimize the potential losses that arise from your crypto asset investment activities.