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The Ethereum price has been facing significant challenges recently, with the cryptocurrency extending its decline and testing the $3,720 support level. This decline has put ETH in a short-term bearish zone, with the price trading below $3,820 and the 100-hourly Simple Moving Average. The bulls have been able to defend the $3,720 support zone, preventing
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According to Bloomberg ETF analyst Eric Balchunas, there is a possibility that US spot Ethereum ETFs could launch by the end of June. While a mid-June launch seems unlikely, Balchunas believes that a more realistic date for the launch would be around July 4th. The timing of the issuers’ S-1 statements is crucial in predicting
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The world of cryptocurrency is always full of surprises, especially when it comes to the price of Bitcoin. Recently, a well-known crypto strategist made a bold prediction about the future of Bitcoin’s price, and if his analysis is correct, the market could be in for a rough ride ahead. The crypto analyst, known as Xanrox,
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XRP price is currently holding onto the key support at $0.5220, but the bulls are struggling to make a significant breakthrough. The price is finding it challenging to initiate a fresh increase above the $0.5350 resistance zone, leading to concerns among investors. The bears are exerting pressure on the market, keeping the price below $0.5320
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As of the latest market update, Ethereum price has continued its downside correction and is currently approaching the crucial $3,720 support level. This downward movement was initiated after ETH failed to sustain its position above the $3,880 zone, leading to a bearish trend in the short term. Despite trading below $3,880 and the 100-hourly Simple
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Recently, Dogecoin experienced a correction in its gains, testing the $0.1620 zone against the US Dollar. This led to the formation of a base, indicating a potential fresh increase above $0.1680. Key Resistance Levels The price is currently facing resistance near the $0.1664 level, which is close to the 50% Fibonacci retracement level. Further resistance