BTC has seen a short-term drop from its recent highs at $41300 which may turn into a medium-term impulse should certain validations play through. Enjin, on the other hand, seems to have just ended a running triangle pattern, which suggests weakness to the downside. Want to know which conditions to focus on? Check the video below for more insights:

 

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Grayscale knows something about Ethereum Classic that retail doesn't as it offloads 28,382 ETC

Grayscale, one of the largest cryptocurrency investment companies, have been selling their Ethereum Classic holdings for over four months. This rapid decline in their ETC holdings paints a bearish picture. 

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Ripple upside potential hindered by stiff hurdles despite attempt at recovery

XRP price is up by over 30% since its swing low on July 20, as Ripple is seeking to reverse the period of underperformance. The cross-border remittance token sliced through a significant declining trend line, leading to a 14% bounce.

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Shiba Inu price has more room to move higher

Shiba Inu price broke out of its consolidation phase as it rallied 12% today. This upthrust of buying pressure has also cleared a crucial ceiling that will be flipped to support after a retest. Therefore, investors need to watch out for a bounce from the said demand zone.

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Elon Musk loses his Midas touch as Dogecoin price grapples with $0.213

Dogecoin price hovers below a crucial ceiling, a breach of which will allow the meme coin to propel itself higher. However, after a steady rally since July 20, a retracement seems likely. Therefore, investors can expect the leg-up that follows this correction to take a jab at the said supply barrier.

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Bitcoin Weekly Forecast: Markets revert to mean, but BTC price remains indecisive

Bitcoin price shows considerable strength after springing from the recent crashes. Still, it is uncertain whether the current bullish impulse will morph into a new uptrend or lead to a more profound decline.

Read the weekly forecast

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