What Next For XRP, DOGE as Bitcoin Price Action Shows Bearish Double Top Formation
7 Articles
7 Articles
What Next For XRP, DOGE as Bitcoin Price Action Shows Bearish Double Top Formation
Bitcoin's (BTC) recovery looks to have run out of steam with an emergence of a double top bearish reversal pattern on the short duration price charts. BTC peaked near $87,400 last week, with prices pulling back to around $84,000 on Friday and staging a recovery to above $87,000 before stalling again. This sequence of two prominent peaks at roughly the same level, separated by a trough, hints at a classic double top formation. This bearish patter…


Like DOGE, XRP Going Vertical Is a Good Indicator of Market Froth, Bitcoin Peaks
Crypto traders are used to seeing a price surge in non-serious cryptocurrencies such as dogecoin (DOGE) as a sign of market froth. Now it looks as though XRP, the payments-focused cryptocurrency, can also be used as an indicator for bull-market peaks in bitcoin (BTC). Unlike meme tokens like DOGE and shiba inu (SHIB), XRP has... The post Like DOGE, XRP Going Vertical Is a Good Indicator of Market Froth, Bitcoin Peaks appeared first on Daily Trut…
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