Ethereum and Ripple are both facing crucial hurdles, the clearing of which will allow them to move higher.
Investors can expect BTC to make a run at the $50,000 psychological level as it breaks from the ongoing consolidation.
While things are looking up for Bitcoin price, a daily candlestick close below $44,580 will invalidate the bullish thesis.
Ethereum price aimed for a retest of the low volume node at $3,703 after it breached the 100-day and 50-day Simple Moving Averages .
A successful flip of this barrier will open the stage for Ethereum price to retest $3,703.
In the event that the big crypto decides to pull a ‘one-hundred-and-eighty’, the Ethereum price will follow suit.
Ripple price has been in a steady uptrend since its breakout from the bull pennant on March 11.
On the other hand, if the Ripple price fails to move above $0.85, there is a good chance it will retrace to $0.76.
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Bitcoin price could experience a trend reversal as correlation with the Nasdaq 100 hits a key milestone.
The recent uptrend provided bulls with an opportunity to overcome vital blockades and establish a stable support level.
After breaching a massive hurdle, BTC continued heading higher but has retraced over the last three days.
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