) dipped to new lows at $65,000 on April 12, indicating that the bears have not yet given up. However, that has not deterred the
If the price slides and maintains below the 50-day simple moving average , the BTC/USDT pair could start a deeper correction to $60,000 and eventually to the 61.8% Fibonacci retracement level of $54,298.) has been trading inside the $3,056 to $3,679 range for the past few days, indicating a balance between supply and demand.The price could drop to the strong support at $3,056 where the bulls are likely to step in.
Instead, if the price rebounds off $162 and rises above the 20-day EMA, it will signal that the SOL/USDT pair could extend its consolidation for a few more days. The next leg of the uptrend may begin after buyers clear the overhead hurdle at $205.Both moving averages have flattened out, and the RSI is near the midpoint, suggesting a consolidation in the near term. The XRP/USDT pair could swing between $0.56 and $0.69 for a few more days.
Conversely, if the price turns up from the current level and rises above $7.67, it will indicate that every minor dip is being purchased. That will enhance the prospects of a rally to $8.56 and thereafter to $10.
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