A look at the Elliot Waves in Bitcoin. Nictrades shows you how she uses technical analysis to read the markets and what to look for in the next 24 hours. Please subscribe and turn on notifications to receive regular cryptocurrency updates.

 

The opinions expressed here reflect the views of the author. This is not trading advice, always do your own due diligence prior to making an investment decision.

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Bitcoin price analysis: BTC/USD rising wedge pattern reaction risks breakdown to $9,400

Bitcoin’s spectacular movement to levels slightly below $11,000 has astonishingly hit the pause button. As discussed yesterday, the weekend session was enviable with Bitcoin breaking above the 50 Simple Moving Average (SMA) and the 100 SMA one-hour.

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Ripple price analysis: XRP/USD smashes through $0.2750 support

Ripple bears have returned in the market, this time with a precise intention; to revenge. This comes after a failed attempt to sustain gains above $0.2900. Following remarkable movement from the acute declines experienced last week, a high was formed at $0.2928.

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Ethereum market update: ETH/USD retreating as $205 remains unconquered

Ethereum formidable move from last week’s lows smashed through $200 hurdle. However, the failure to break above $205 allowed the sellers an easy-takeover. For this reason, Ethereum is retreating below $200 (failed support).

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Ethereum Classic price analysis: ETH/USD soars 5% in a bearish market

Ethereum Classic is visibly the leading cryptocurrency among the top 20 cryptos. The $661 million crypto soared massively on Tuesday. The gains brighten the crypto market that is already a sea of red.

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Bitcoin Weekly Forecast: Safe-haven or a high-yield asset? Bitcoin qualifies for both

The cryptocurrency market has been a mixed picture this week. Bitcoin attempted to settle above $12,000 practically every single day of the week...

Read the weekly forecast

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