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Bitcoin price has prematurely triggered a minor run-up, leaving its downside objective unfulfilled. Therefore, investors can expect BTC to slide lower and collect liquidity below a significant level before triggering a full-blown impulse move.
Shiba Inu (SHIB) price looks heavy in ASIA PAC as investors are again reassessing the situation after the sigh of relief following Facebook’s earnings on Thursday. Mixed earnings from Apple and Amazon over the weekend, however, are giving investors new reasons to fret. Although a slip towards $0.00002200 could be in the making, a bullish pop is also possible going into the weekend. The 55-day Simple Moving Average (SMA) has been put forward again as the first hurdle to tackle before hitting $0.00002500.
Ethereum (ETH) price is set to jump over the weekend despite the brake worried investors have put on price action in the past week. Although trading volume has been more significant over the past week and should thus come with more solid movements, price reaction has been distorted by geopolitical headlines, earnings, and whipsaw moves in stock markets. All those headline risks are starting to fade into the weekend, resulting in a probable jump higher in prices as bulls use the flatlining Relative Strength Index (RSI) to seize control and ramp price up to $3,500 by Sunday.
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Bitcoin price is consolidating between significant barriers and shows no signs of moving out yet. The ongoing move could likely face rejection resulting in a steep correction that could send BTC to revisit levels last seen almost a month ago.
Ethereum (ETH) price is set to give a little bit of a blow to short-sellers as ETH price made a miraculous recovery on the back of a bounce from the $1,043 handle.
Judge Sarah Netburn ruled against the SEC’s motion to protect the William Hinman documents. This is considered a decisive win in the latest SEC v. Ripple ruling.
Solana Mobile started accepting pre-orders for Saga phones in select countries worldwide, according to a recent announcement. Analysts believe Solana’s price rally is short-lived and upside is capped at $44.
Bitcoin price is consolidating between significant barriers and shows no signs of moving out yet. The ongoing move could likely face rejection resulting in a steep correction that could send BTC to revisit levels last seen almost a month ago.
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