Ripple Price Prediction: XRP at a critical juncture, could trigger a 10% crash
XRP price has shown tremendous strength over the last few weeks, which has resulted in amazing rallies. However, things are at an inflection point that could trigger a correction if bulls fail to step up at this important level.
MATIC price shatters significant support, hinting at a 25% nosedive
MATIC price clearly shows bullish exhaustion and takeover from the holders booking profit. This development indicates that Polygon is likely to continue sliding lower if it does not overcome the selling pressure and reconquer old support levels.
Apecoin price recovers after +11% meltdown, although recovery looks doubtful
Apecoin (APE) price action tanks massively this week as bulls get sucker-punched and slaughtered as APE price dips toward $4.60. The move to the downside came after a firm rejection on the monthly pivot and triggered a false break above the 55-day Simple Moving Average (SMA), making a bull trap. With the squeeze, plenty of bulls will have been washed out of their trade, and a small recovery is due to happen today, but a full recovery by the end of this week is doubtful.
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Ripple's XRP could face decline as percentage of supply in profit reaches very high levels
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
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Crypto Today: SEI, Fantom and SUI emerge as top gainers, while Morocco moves to legalize crypto
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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.
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