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Tag: price analysis

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Ripple (XRP) Price Analysis: 13% Recovery or 13% Decline – What Comes Next?

In Brief XRP price has nearly validated the descending triangle pattern, which suggests a 25% correction for the altcoin. Investors are exhibiting bullish sentiment, which suggests that selling will be held off for now, making room for recovery. Mean Coin Age shows that the majority of the XRP investors prefer to hold their assets over…
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Render (RNDR) Price Analysis: Fresh 2024 Highs Likely Due to This Reason

In Brief Render price is trading at $10.89 after failing to breach the resistance at $11.24. Selling has dropped to a monthly low, and investors have purchased over $20 million worth of RNDR in a week. The downtrend is losing its strength, which suggests recovery is on the cards. Although Render’s (RNDR) price is not…
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Shiba Inu (SHIB) Price Analysis: Predicting Further Consolidation or Breakout?

In Brief SHIB average transaction size saw a significant 60% decline over four days, hinting at a potential wane in investor interest. The RSI for SHIB remains overbought, signaling possible upcoming corrections. Consolidation is apparent in the EMA lines, implying that SHIB price might stabilize this week. The Shiba Inu (SHIB) price has seen a…
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3/24 price analysis: ADA, DOGE, MATIC, SOL, DOT, LTC, BTC, ETH, BNB, XRP

As the weekend approaches and investor concerns about Deutsche Bank emerge, Bitcoin and other altcoins may see profit-taking and risk-off positioning. Yet again european securities exchanges fell on Walk 24 on restored fears that the financial emergency could show up to wreak havoc. On March 23, Deutsche Bank’s credit default swaps, which provide buyer protection…
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