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EUR/USD rebounds above 1.0850 as USD weakens after PMI data
EUR/USD gains traction and trades at fresh daily highs above 1.0850 on Monday. The disappointing ISM Manufacturing PMI data from the US weighs on the US Dollar and helps the pair stretch higher in the American session.
GBP/USD advances toward 1.2800 as USD slides
GBP/USD gathers bullish momentum and advances toward 1.2800 in the second half of the day on Monday. The US Dollar faces strong selling pressure following the weaker-than-forecast ISM Manufacturing PMI data, fuelling the pair's rally.
Render price could rally 20%, supported by Nvidia stock split
Render price looks set to rally if it retests the support zone extending from $9.42 to $8.82. The Nvidia stock split on June 10 could positively impact RNDR, an AI-based altcoin. On-chain data suggests whales are accumulating RNDR tokens.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin’s momentum poise to propel crypto market
Bitcoin price consolidates in a symmetrical triangle pattern, showing directional bias. Ripple also follows BTC’s footsteps as it continues on its 50-day consolidation streak. Ethereum price, on the other hand, shows signs of an incoming correction.
Week Ahead: Altcoins likely to bounce due to short-term bullish wave Premium
Last week was a bummer with Bitcoin (BTC) price consolidation, and altcoins movements showed confusion in their directional bias. Some altcoins saw bullish, impulsive moves, but most trended sideways or slid lower.