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Bitcoin price spiked above the $56,000 resistance against the US Dollar, but it failed to continue higher. BTC is could correct lower, but the 100 hourly SMA is likely to provide support. Bitcoin extended its rise above the $55,500 and $56,000 resistance levels. The price is now trading well above $54,000 and
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Payments giant Visa has been expanding its involvement with Bitcoin and cryptocurrencies. Per their Q2, 2021, Earnings Call, the company has a long roadmap and many plans to integrate these assets into its payment network. Al Kelly, Chairman, and CEO at Visa talked about the “opportunities” the company is and would
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Ripple started a fresh increase after testing $1.00 against the US Dollar. XRP price is likely to surge further if it clears the $1.45 and $1.46 resistance levels. Ripple is showing positive signs above the $1.25 and $1.30 resistance levels against the US dollar. The price is now trading well above $1.3200
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Last weekend, the Bitcoin price fell below the psychologically significant support level of $50,000. Furthermore, the 50 day moving average was breached to the downside and some popular technical indicators – such as the MACD – are flashing bearish warnings. The confluence of downwards price action, bearish signals, and negative news
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Bitcoin price tested the $47,000 support zone before starting a recovery against the US Dollar. BTC is showing positive signs, but it might face hurdles near $53,500. Bitcoin is rising and it is trading nicely above the $50,000 pivot level. The price is now trading well above $51,000 and the 100 hourly
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Ethereum has the biggest gains on the daily chart for the main cryptocurrencies by market cap. At the time of writing, ETH is up 4.9% and trades at $2.328,58. With sideways movement in the weekly and 46.7% gains on the monthly chart. ETH recovering on the daily chart. Source: ETHUSD Tradingview More
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Bitcoin price failed to stay above the $54,000 support against the US Dollar. BTC is declining and it is likely to accelerate losses below the $50,000 support zone. Bitcoin is declining from well above $55,000 and it broke the $53,500 support. The price is now trading well below $52,000 and the 100
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Ripple formed a support base above $1.16 and it is now rising against the US Dollar. XRP price could start a strong increase if it clears the main $1.50 resistance zone. Ripple is showing positive signs above the $1.20 and $1.30 resistance levels against the US dollar. The price is now trading
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Bitcoin price is holding the $55,000 support zone against the US Dollar. BTC must clear the $57,000 resistance and the 100 hourly SMA to move into a positive zone. Bitcoin is somehow holding the $55,000 and $54,500 support levels. The price is now facing a strong resistance near $57,500 and the 100
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Bitcoin price is consolidating above the $59,500 support zone against the US Dollar. BTC is now showing a few positive signs, but it must clear $61,200 for a fresh rally in the near term. Bitcoin is holding gains above the $60,000 and $59,500 support levels. The price is now trading well above
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