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Bitcoin awaits the final stage of price discovery, jumpstart crypto bull run
The bellwether cryptocurrency has returned to trading above $ 19,000. Rejection from levels close to $ 20,000 lost traction before reaching $ 18,000. Buyers took advantage of the simple moving average 50 support on the 4-hour chart and the ascending trend line to force the ongoing reversal. Read more…
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Ethereum Holders Take a “Wait and Watch” Approach to ETH 2.0 Launch, as Technicians Go Bearish
The launch of Ethereum 2.0 was supposed to blast Ethereum towards $ 1,000 significantly. However, it looks like it will take longer for ETH to trade hands at this level. The main strengths of ETH 2.0 are improved protocol scalability (to help reduce excessively high transaction costs), efficiency and speed. Read more…
Uniswap Price Prediction: UNI is breaking out as the bulls aim for $ 4
UNI, the Uniswap token – the largest DeFi project with a locked-down total value – is poised to break free from an ascending triangle pattern in a short-term time frame. At the time of writing, UNI / USD is trading at $ 3.73. The coin recovered from the December 1 low of $ 3.38; however, it is still down 5.6% on a daily basis. Read more…
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