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Bitcoin Price Analysis: Bears looking for a discount from the old support
The cryptocurrency has corrected some of the latest bearish moves, but not even in a 38.2% Fibonacci retracement. The bulls can aim for a 50-61.8% Fibo retracement from which the bears will look for old support to act as resistance. In doing so, the markets will be looking for the next bearish momentum.
Ripple Price Analysis: XRP / USD fails to extend the rebound from the 10-day SMA
Ripple fades bounce to 0.4581 as they drop to 0.5240, down more than 2% early Friday. The cryptocurrency plunged the previous day before bouncing off the SMA. However, failures in extending the corrective recovery are combined with conditions on the RSI easing from the overbought region to keep sellers confident.
Yearn.Finance Price Prediction: YFI looks poised to regain lost ground, bulls aim for $ 25,000
Following a significant retracement that took the price of Yearn.Finance below $ 21,000, it would appear to be on the verge of an uptrend. After trading in dangerous areas for a while, technical indicators show that the digital asset may not stay there for long.
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