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The MACD and signal lines have crossed over in a downward in the past few dominate the market and could in store for this currency.
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0.10171011 btc to usd | The RSI is currently hovering near 62, suggesting that bears are slowly gaining market control. In conclusion, despite some minor price surges in certain cryptocurrencies, overall bearish sentiment remains strong in the crypto market. XRP, the sixth-largest cryptocurrency by market cap, has also been downward in the past few days, with bulls and bears fighting for control. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity. BNB broke and closed below the symmetrical triangle pattern, signifying that bears prevailed over bulls. Looking further ahead, Thielen forecasted further upside for bitcoin based on Elliott Wave theory, a technical analysis that assumes that prices move in repetitive wave patterns. |
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