Renowned analysts comment on Bitcoin, Ethereum, and XRP as the uptrend resumes - CryptoSlate
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Turning this significant resistance level into support could be one of the strongest signals that BTC is about to enter a major bull rally. Conversely, if the selling pressure increases and BTC breaks below the 150-day moving average it could try to test the next level of support provided by the 50-day moving average.
The fact that ETH was able to bounce off the $155 support level strongly, leads Poppe to believe that it could now be heading to the next level of resistance that sits around $194.60. If the buying pressure behind this cryptocurrency increases allowing it to breakout of the no-trade zone in an upward direction, the next significant level of resistance to consider sits at $0.30.
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