Predictions for Bitcoin, Ethereum, and XRP Prices: Is the Outlook Bearish?
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🔹 Overview:
The cryptocurrency market is experiencing a general decline, with prices for Bitcoin, Ethereum, and XRP dropping towards critical support levels. Geopolitical tensions have increased market volatility, and investors are watching for buying or hedging opportunities.
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🟠 Bitcoin (BTC):
Weekly High: $110,198
Recent Low: $104,161
Technical Pattern: Expanding Channel (Indicates Potential Reversal)
Key Support: $102,655
Potential Resistances: $107,281 and $109,631
Downside Risk: to $102,470 if buying power fails to hold
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🔵 Ethereum (ETH):
Current Price Range: between $2,400 and $2,800
Indicators: Positive Momentum but Clear Selling Pressure
Expected Resistances: $2,603 then $2,750 and $3,000
Potential Support: $2,400 or even $2,205
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🟣 XRP:
Current Price around: $2.14
Indicators: Weak Upside Momentum and Constrained Price Movement
Potential Resistances: $2.35 and $2.57
Critical Support: $2.00
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