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On-chain data shows the Bitcoin inflows to Coinbase have spiked recently, a sign that may turn out to be bearish for the crypto. Bitcoin Exchange Inflows To Coinbase Register High Values As pointed out by an analyst in a CryptoQuant post, a total of 20k BTC was transferred to Coinbase recently. The
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On-chain data shows the Bitcoin open interest RSI is currently forming a pattern that can lead to a short-term correction in the asset’s value. Bitcoin Open Interest 14-Day RSI Has Been Climbing Up Recently As pointed out by an analyst in a CryptoQuant post, a short-term bearish correction might soon take place
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The European stocks have experienced more headwinds in the past few months after the Kremlin imposed an indefinite oil cut-off to Eurozone countries.European stocks are set to close 2022 on a bearish sentiment as global markets prepare to close trading later today. Fueled by the ongoing Russia-Ukraine war, record high
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Dogecoin extended its decline below the $0.070 support against the US Dollar. DOGE could continue to move down towards the $0.0620 support zone. DOGE gained pace and traded below the $0.072 support against the US dollar. The price is trading below the $0.0700 zone and the 100 simple moving average (4-hours). There is
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Ethereum is still showing bearish signs below the $1,200 zone against the US Dollar. ETH could continue to move down below the $1,180 support zone. Ethereum is attempting a minor upside correction towards the $1,200 barrier. The price is now trading below $1,200 and the 100 hourly simple moving average. There was a
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On-chain data shows the Bitcoin MVRV Ratio Triple Ribbon is approaching a bearish cross, a sign that a correction could be coming soon for the crypto’s price. Bitcoin MVRV Ratio Triple Ribbon Is Close To Bearish Crossover As pointed out by an analyst in a CryptoQuant post, the MVRV ratio warns that
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Ripple is consolidating below the $0.35 resistance zone against the US Dollar. XRP price could extend its decline if there is no recovery wave above the $0.35 barrier. Ripple is currently consolidating below the $0.35 and $0.365 levels against the US dollar. The price is now trading below $0.365 and the 100
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Place/Date: - December 21st, 2022 at 1:32 pm UTC · 3 min read Source: Orbeon Protocol Photo: Orbeon ProtocolThe newly-launched project, Orbeon Protocol (ORBN), has raised millions during the first two phases of its presale round. Orbeon Protocol (ORBN) has also witnessed
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India has been indecisive about whether to ban crypto or not, but it comes off as one of the nations that levy up to 28% tax on proceeds from digital currencies and their underlying trading activities.Shaktikanta Das, the Governor of the Reserve Bank of India (RBI) has gone all bearish
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Bitcoin price declined heavily and traded below $17,000. BTC is consolidating losses and remains at a risk of more losses below the $16,500 support. Bitcoin started a fresh decline below the $17,200 and $17,000 support levels. The price is trading below $17,000 and the 100 hourly simple moving average. There is a key
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