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Bitcoin prices jumped overnight to retest $7,000 but risked falling into a bull trap as no sound catalyst justified its pump.The benchmark cryptocurrency rose 9.67 percent in just four hours to $6,767 per token midnight Thursday. The move uphill injected about $7 billion into the bitcoin’s market cap, which topped
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Ethereum is trading with a bullish angle and it recently surpassed the $135 resistance against the US Dollar. ETH price is likely to continue higher towards $145 and $150.Ethereum is up more than 3% and it broke the main $135 resistance against the US Dollar.The price is now trading in
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Bitcoin corrected lower from the $6,600 resistance area against the US Dollar. BTC price is currently holding the key $6,250 support and it could start a fresh increase in the near term.Bitcoin started a short term downside correction from the $6,636 high against the US Dollar.The price is currently holding
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Ripple is up around 5% and it broke the $0.1700 resistance area against the US Dollar. XRP price is currently consolidating gains below the key $0.1750 resistance.Ripple price is showing a few positive signs above the $0.1650 support against the US dollar.The bulls are likely to gain strength if there
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Bitcoin declined sharply below the $6,200 support against the US Dollar. BTC price found support near $5,850 and it is currently recovering towards a couple of key hurdles.Bitcoin is correcting higher from the $5,846 swing low against the US Dollar.The price is showing positive signs above the $6,000 level, but
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Bitcoin failed to surpass the $7,000 resistance and declined below $6,500 against the US Dollar. BTC is likely to bounce back as long as it is above $6,000 and the 100 SMA (H4).Bitcoin price is currently correcting gains from the $7,000 resistance area.The $6,000 region and the 100 simple moving
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Bitcoin is slowly rising and trading above the $6,750 level against the US Dollar. BTC price must claim the $7,000 resistance to start a strong rally in the near term.Bitcoin is trading in a crucial range below the $7,000 resistance area against the US Dollar.Yesterday’s discussed double top pattern is
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Ripple is up around 10% and it broke the key $0.1650 resistance zone against the US Dollar. XRP price remains in a nice uptrend and it could continue to rise towards $0.2000.Ripple price started a strong rise above the $0.1640 and $0.1650 resistance levels against the US dollar.The bulls were
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Despite the brutal crash seen earlier this month, Bitcoin has performed extremely well over the past few days, rallying from the $5,000s to a price as high as $7,000 just the other day. The bullish momentum has petered out over the past few days, with BTC stalling in the mid-$6,000s,
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Bitcoin is gaining momentum and it is trading above the $6,500 support against the US Dollar. BTC price is likely to continue higher towards $7,000 and $7,200 in the coming sessions.Bitcoin is showing a few positive signs above the $7,500 and $7,400 support levels against the US Dollar.The price could
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