Wednesday, July 26 8:56am GMT - Crypto markets are consolidating sideways in a narrow range awaiting the release of key economic data by the Fed relating to the purchase of Bonds and it's balance sheet normalisations plans.
The data is to be released at 1800 GMT, Market players hope will give a sign of when the Fed will begin paring it's bond holdings and raise rates to reflect this.
RSI has turned on BTCUSD day chart - and is heading back into the downward trend line from previous weeks.
Are true values appearing?
Has the dust settled from BTC's epic bull run? The major alt-coins are firming up across the board towards round number figures which have been touched numerous times in the past as support / resistance.
Possibly the fair prices look as follows (given ranges of approximately +/-10% variation):
BTC: $2.5k
ETH: $200
Dash: $200
XMR: $40
LTC: $40
