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    Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Why could BTC, ETH and XRP recovery be short lived?

    Author AvatarBy Patrick Butler No Comments 11 Mins Read
    • Bitcoin price hovers around $104,000 on Friday after bouncing off its 50-day EMA earlier this week.
    • Ethereum price finds rejection around its descending trendline on Friday, hinting at a downleg ahead.
    • Ripple price is sliding toward its ascending trendline support; a close below would lead to a further decline.

    Bitcoin (BTC) price hovers around $104,000 on Friday after bouncing off from its 50-day Exponential Moving Average (EMA) of around 98,800 earlier this week. Ethereum (ETH) and Ripple (XRP) approach key resistance levels; if rejected, they could lead to a correction ahead.

    Bitcoin price is poised for a downleg
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    He is a distinguished financial analyst with a wealth of experience in the Forex and cryptocurrency markets. With a career spanning over 15 years, Patrick has honed a keen understanding of market dynamics, using both technical analysis and macroeconomic insights to forecast trends and identify opportunities. His work is characterized by a meticulous attention to detail and an ability to simplify complex concepts, making him a respected authority for both institutional investors and individual traders. Patrick’s analytical depth and pragmatic approach have earned him recognition as a trusted expert in the ever-evolving world of finance.

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