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Crypto

LINK rally around the corner!

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A possible Chain LINK  breakout can be seen through the Falling Wedge. Potential Entry is around 50% Fib-Ratio, with an oversold support on MACD, RSI and Moving averages. Potential resistance on charts are investors targets to hit.

With Bitcoin having crossed the $11,000 level and traded near its highest level in nearly a year on Tuesday amid US dollar weakness and a broad shift to alternative assets. The cryptocurrency leaped as high as $11,198.32 before paring gains and trading below $11,000 later in the day. The movement cleared a major psychological level that has been there for a long time.

Bitcoin’s upward movement comes amid a similar upswing for gold prices. The yellow metal reached a record high on Monday as investors bet on heightened inflation expectations and FOMC rumors. And although, cryptocurrencies generally speaking, failed to demonstrate safe haven qualities during stock market swings, they are absolute beneficiaries of the U.S. dollar weakness and inconsistencies.

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Crypto

Cardano biggest winner ahead of start of the new week

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Cardano (ADA) is up over 3% and it broke the USD 1.31 resistance. It seems like the price might soon clear USD 1.34. In this case, the price could continue to rise towards the USD 1.36 level. The next major resistance is near the USD 1.45 level. On the downside, the price might find bids near USD 1.28.
Litecoin (LTC) managed to clear the USD 140 and USD 145 resistance levels. The next key stop for the bulls could be USD 155. Any more gains may possibly set the pace for a move towards USD 168. If there is a downside correction, the price might find bids near USD 135.

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Crypto

Bullish momentum for Bitcoin.

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Bitcoin price gained bullish momentum above the USD 52,500 resistance level. BTC even cleared the USD 53,251 resistance and it is currently  showing positive signs. If the bulls remain in action, there could be a steady rise towards USD 55,100.

Similarly, most major altcoins are extending gains. ETH gained traction and it even tested the USD 2,510 zone. XRP/USD broke the USD 1.157 resistance and it might continue higher

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Crypto

XRP up 100% in a week.

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As organized pumping and dumping efforts continue to spread, the cost of XRP has multiplied in the previous two days, while other as of late siphoned coins have just smashed from their new highs in twofold digits.

On Saturday, XRP was exchanging at USD 0.281 before the convention strengthened and pushed the cost to USD 0.59 by Monday morning . A the hour of composing, the cost is up by 42% in a day and 113% in seven days. It bounced by 145% in a month and 144% in a year.

Additionally, XRP is back as the third biggest cryptoasset by market capitalization, after it slammed because of an administrative crackdown in the US.

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