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Cryptocurrencies Price Prediction: Bitcoin, Cardano & Ethereum – American Wrap 26 November

Bitcoin Weekly Forecast: BTC price at key support screams ‘buy the dip’

Bitcoin price kick-started a minor uptrend on November 24 but is experiencing a slowdown before reaching its intended target. From a higher time frame perspective, things look to be stationary as BTC continues to consolidate.

Cardano could tank to $1 if ADA fails to defend crucial support

Cardano price seems to be continuing its downtrend without any signs of a let up. ADA has sliced through a wide area of support, hinting at a massive crash, however, this bearish outlook is contingent on one more key foothold giving way.

Bitcoin, Ethereum, XRP at discount ahead of Black Friday while investors fear new COVID strain

As news of the new Covid variant spreads, asset prices in crypto and equities markets have plunged, with Bitcoin price dropping below $55,000 for the first time in the past 30 days. 

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Ripple and Stellar show divergent technical outlooks as traders assess whether the recent weakness could give way to a recovery. XRP is finding support and defining a key support zone, while XLM slips below a cluster of Exponential Moving Averages.

Crypto Overview: Bitcoin holds steady, resonates with Gold – ARB, PYTH extend gains

Bitcoin price hovers above $77,000 on Thursday, losing bullish momentum as its correlation with Gold has risen to nearly 50% over the last 90 days. Arbitrum and Pyth Network recorded double-digit gains over the last 24 hours, emerging as top performers.

Bitcoin holds $63K and $86K range as profit-taking risk builds

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Bitcoin: Billions in ETF inflows push BTC toward decisive breakout
Bitcoin (BTC) extends gains so far this week, trading near $80,000 after testing the 50-week Simple Moving Average (SMA) at $81,114 earlier. Strong institutional demand is supporting the rally, with spot BTC Exchange Traded Funds (ETFs) on track to record a second consecutive week of billion-dollar inflows.