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Cryptocurrencies Price Prediction: Ethereum, Shiba Inu & Bitcoin – American Wrap 29 November

Cryptocurrencies Price Prediction: Ethereum, Shiba Inu & Bitcoin – American Wrap 29 November
FXStreet TeamFXStreet TeamFXStreet

Ethereum breaks out of bullish pennant, targets new all-time high at $5,000

Ethereum (ETH) looks to be back on track to  new highs, following Friday’s speed bump as global markets pushed all risk assets to the downside. Over the weekend, investors  reassessed the situation and bought the dip in several cryptocurrencies, including Ethereum. Expect a quick retake of the uptrend, brushing off  Friday’s correction, and look for new all-time highs by the end of this week.

Shiba Inu price prepares for 125% breakout to $0.000089

Shiba Inu (SHIB) has been downtrending within a pattern for almost the whole of November. After hitting the low of the month on Friday, with global markets in panic mode, investors could spot buy opportunities as concerns about the new Covid variant started to ease. Expect the pick-up on the buy-side to continue further and signal the start of a new longer-term uptrend towards $0.00008870.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets recover as buyers come back

Bitcoin price recovery after the COVID-induced crash seems to be going well. Ethereum and Ripple are promptly following the big crypto and are also on the path to recovery. 

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Ripple falls below $1.20 despite Africa stablecoin payments push

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Crypto Today: Bitcoin, Ethereum, XRP trim breakout gains as focus shifts to Fed decision

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Cryptocurrency prices broadly decline as investors show caution toward risk assets ahead of the Fed's interest rate decision on Wednesday. Bitcoin (BTC) holds around $65,000 after correcting from its Monday high of $67,292.

Ondo Price Forecast: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo Price Forecast: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo price hovers around $0.3700 at press time on Wednesday, maintaining a broader corrective phase under the influence of a resistance trendline. Retail demand for ONDO remains firm, driven by the tokenization trend for traditional stocks and other Real World Assets.

Bitcoin steadies near $66,000 as markets await first Warsh-led Fed decision

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Bitcoin steadies near $66,000 at the time of writing on Wednesday as investors await the Fed’s interest rate decision. Institutional demand shows slight improvement as spot Exchange Traded Funds recorded a mild inflow on Tuesday, after weeks of outflows.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.