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The EUR/USD bulls are having a tough time breaching a key Fibonacci hurdle for the fourth straight trading day. That level marks the 61.8% Fibonacci retracement of the sell-off from 1.2011 to 1.1612. The Fibonacci hurdle has been capping upside since Wednesday.
GBP/USD bulls are set on a break to the 1.32 area on a bullish extension following a significant retracement and mean reversion of the prior bullish impulse. Bears might be prudent to wait for a bullish environment.
Bitcoin (BTC/USD) is back in the green zone above the 13,000 level this Monday, reversing a temporary reversal seen on Sunday. The No. 1 coin is seen testing daily highs, looking to retest Sunday’s high of 13,359. From a short-term perspective, the spot is primed for a fresh rally ...
Ripple's XRP is changing hands at at$0.256, mostly unchanged on a day-to-day basis. The coin has gained over 5% in the last seven days amid the recovery on the cryptocurrency market. XRP is currently the fourth largest digital asset.
ETH/USD has bumped into a strong resistance created by $420. On-chain and technical data implies that ETH is well-positioned to continue growing. However, a sustainable break above the critical area of $390-$400 switched ETH in a positive mode.