Asian Crypto Markets Trade Sideways as Key Support Levels Hold
Crypto markets in Asia showed mixed trading on August 11, as investors weighed macroeconomic signals. Bitcoin hovered near $29,500, while Dogecoin and Ripple traded within narrow ranges.
Bitcoin remains range-bound, holding above the $29,000 support level. Traders are closely watching the $30,000 resistance zone, which could trigger further upside if broken.
Dogecoin's price action is largely driven by broader market sentiment, trading around $0.078. Ripple saw slight gains after a period of consolidation, trading near $0.72.