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Bitcoin Price Analysis: Bulls face resistance, bears on guard
BTC / USD started the week with a bid, hitting 2% on the day so far. However, until the bulls have gained short-term resistance, the downside is still a scenario worth preparing for. The daily chart has extended through a 61.8% Fibonacci retracement which makes the likelihood of a bearish extension a little less likely.
Chainlink Price Prediction: LINK has a clear path towards $ 16
Chainlink rallied 122% from its September lows to $ 7.2. Last week’s high above $ 16 saw bears jump into action, leading to a correction towards $ 11. The LINK bulls appear to have regained more control over the price and are poised for another take off above $ 16.
Ripple Price Prediction: XRP’s rise to $ 1 hinges on a crucial barrier to the upside
Ripple (XRP / USD) sellers are back on Sunday as the recent recovery from sub $ 0.50 levels appears to be losing strength. However, from a technical standpoint, the bulls appear to have taken a pause before the bullish reversal picks up the pace.
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