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Home Technology Crytpocurrency

Cryptocurrencies Price Prediction: Bitcoin, Chainlink And Crypto.com – European Wrap 18 March – FXStreet

cryptocurrencies-price-prediction:-bitcoin,-chainlink-and-crypto.com-–-european-wrap-18-march-–-fxstreet
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Bitcoin Weekly Forecast: BTC eyes $53,000, but indicators suggest otherwise

Bitcoin price consolidation continues with the formation of a bullish setup. A breakout from this formation could be the key to triggering a bull run, but things are not as simple as they appear. On-chain metrics and market indicators suggest that the bullish thesis has more than meets the eye.

BTC/USDT 1-day chart

Chainlink price sets the stage for 30% bullish breakout

Chainlink price has created a bottom reversal setup that suggests LINK is due for a move up north. While the oracle token is nowhere near a breakout, it indicates the possibility is around the corner.

SHIB/USDT 4-hour chart

Crypto.com price is 5% short from a bullish breakout to $0.55

Crypto.com price looks like it is ready for a bull run, according to the 2-day chart. Bulls only need to push CRO just a trim higher before sidelined investors flood the gates.

Crypto.com Price Chart

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If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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