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XRP’s Flag Pattern: What to Expect?
Dogecoin (DOGE) Reaches Equilibrium, Bitcoin (BTC) Critical Support Level Reached
U.Today News December 24, 2024 | 18:47
Ripple and XRP News
As Christmas Eve draws near, cryptocurrency enthusiasts are left with a plethora of questions regarding the future direction of their favorite assets. The latest updates on XRP’s flag pattern, Dogecoin (DOGE) reaching equilibrium, and Bitcoin’s critical support level, has sparked curiosity about what the next moves may be.
The author highlights that Bitcoin’s drop to the 50 EMA does not necessarily mean the end of its upward trend. However, a recovery above $100,000 would boost self-esteem and potentially spark a new rally. Conversely, if Bitcoin continues to decline below the 50 EMA, it could test lower levels like the 200 EMA around $75,000.
When compared to more conventional assets, a 60% gain is still impressive for Bitcoin.
Source: u.today
