Why Investors may want to prepare for a discounted MATIC price
MATIC price fails to break through the upper boundary of the trend channel twice. The rejection occurred at a crucial bearish level on the Relative Strength Index after climbing back from oversold territory. Invalidation of the bearish thesis is a breach above $0.86.
Is ApeCoin price aiming for new lows?
ApeCoin price is currently down 14% for the month of October. The Ethereum-based token witnessed a sharp decline during the start of the second trading week of October, as the bears rejected upward movement from the 8-day Exponential Moving Average.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: The start of a larger decline
Bitcoin price is currently trading at $19,100. The bears have breached the 21-day Simple Moving Average (SMA) to start the second week of October. Losing support from the key indicator suggests the current 8% decline is only the start of what's to come.
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Ripple's XRP is down 6% on Tuesday following record profit-taking among investors as its percentage of total supply in profit reached very high levels in the past week. This follows Ripple Labs donating another $25 million to the pro-crypto Fairshake super PAC.
Litecoin Price Forecast: Whales invest $950M in 73-day buying spree amid LTC ETF approval rumours
Litecoin price hit $87.90 on Tuesday, down 17% from the recent high of $106 recorded on November 23. Despite the steep correction phase, on-chain data shows crypto whales have entered a 73-day buying spree.
Crypto Today: SEI, Fantom and SUI emerge as top gainers, while Morocco moves to legalize crypto
On Tuesday, BTC price struggled at the $93,000 support, while Ethereum fell 7% from $3,546 to $3,300. As BTC and ETH led the crypto market losses, mid-cap altcoins received considerable demand.
Bitcoin needs a further correction for sustained growth
After weeks of rapid growth, Bitcoin (BTC-USD) entered the maximum turbulence zone falling below $94,000. BTC is currently trading at $93,764 and continues to trend downward, having exited the ascending channel.
Bitcoin: Rally expected to continue as BTC nears $100K
Bitcoin (BTC) reached a new all-time high of $99,419, just inches away from the $100K milestone and has rallied over 9% so far this week. This bullish momentum was supported by the rising Bitcoin spot Exchange Traded Funds (ETF), which accounted for over $2.8 billion inflow until Thursday. BlackRock and Grayscale’s recent launch of the Bitcoin ETF options also fueled the rally this week.
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