Altcoins News
By Dan Saada
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This article covers TCAT during its 2018-2020 active period. TCAT is no longer in active circulation on any exchange.
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Several Altcoins are extremely undervalued right now. However, they continue to be inflation-proof and are expected to move higher during the Bitcoin bull market wave.
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Bitcoin is consolidating near the critical technical level after a healthy correction of nearly 30%.
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High levels of inflation are likely in the fiat-based monetary system in the uncharted territory, which in turn can lead to increased inflation levels leading to loss of…
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The moment of truth for Bitcoin has come, and it has been trading in a narrowing channel for nearly a month now.
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However, Bitcoin cannot fly continuously towards the high. The new floor for Bitcoin is at $10,000.
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It is worth paying attention to the current market sentiments, because those who are saying that BTC is dead, the rally might be near the corner.
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Murad Mahmudov, the angel investor, stated, “~10K is the new ~6K", but instead of breaking down it will hold and start grinding UP.”
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Ethereum is struggling to gather momentum above the $195 resistance level. A fresh bearish wave is trending below the $192 and $190 support level.
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A short-term breakout pattern is seen near $186 on the trend chart. While the critical support is at $182 level, then the price will likely visit the $180 support area.
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Cryptocurrencies are subject to wild price fluctuations and many times the whales dump the coins leading to the drop in prices. Ripple is one of the biggest XRP whales.
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Investors want XRP to reach its all-time high. XRP is a stable coin with significant potential. The dumping of XRP by Ripple is driving the price down.
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