CandleFocus Will Bitcoin (BTC) $70,000 Attempt Fail? Massive XPR Triangle Breakthrough is Here, Ethereum (ETH) Bullish Dynamic is Fading
2024-09-23
Author: Content Editor
The article discusses the price movements and trends of Bitcoin, XRP, and Ethereum. Bitcoin is trading in a descending channel and may attempt to break through the upper limit of around $70,000, but a drawback is also possible. XRP has broken out of a symmetrical triangle pattern, indicating potential upside momentum, but there is a possibility of invalidation. Ethereum is returning to its descending price channel and shows signs of a possible reversal despite recent upward movement. The crucial factor to watch for Ethereum is whether it can hold its current level or experience a reversal towards lower support levels.
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