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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 11 Jan

Bitcoin Price Analysis: BTC fails to resist again above $41K, key levels to watch – Confluence Detector

Bitcoin (BTC/USD) has turned south, having failed to find acceptance above the $41,000 level once again for the third straight session on Sunday. Although the no.1 coin doesn’t seem to have topped out as yet, a corrective downside remains in place amid a bunch of healthy resistance levels stacked up.

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Ripple Price Analysis: XRP sellers eye confirmation of double top on 4H

Having failed to cross Friday’s high around 0.3700, XRP/USD drops to 0.3045 during early Monday’s trading. In doing so, the quote portrays a bearish “double top” chart pattern on the four-hour (4H) chart. Sellers await confirmation of bearish chart pattern, two-week-old support line adds to the downside filters.

Ethereum Price Analysis: ETH pullback battles one-week-old rising channel

ETH/USD drops to $1,239 during early Monday’s trading. The crypto major jumped to the highest since January 2018 during last week before stepping back from $1,350. The corrective move currently eyes the support line of a one-week-old rising channel amid bearish MACD.

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Bitcoin risks deeper correction as ETF outflows mount, derivative traders stay on the sidelines

Bitcoin (BTC) remains under pressure, trading below $87,000 on Wednesday, nearing a key support level. A decisive daily close below this zone could open the door to a deeper correction.

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Monero (XMR) trades close to $430 at press time on Wednesday, after a 5% jump on the previous day. The privacy coin regains retail interest, evidenced by heightened Open Interest and long positions.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.