cryptodailyuk

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LTC is struggling to keep the price after quite significant drops of 64%. He has very strong support ahead at $ 84.5 and has to overcome resistance at $ 110 and $ 118 before any bigger gains.

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BTC rebounded from the support zone and now the price is around 38k. Strong resistance to BTC at around $ 41,500, which was previously a strong price support. If this price is exceeded, it may lead to an exit from the downward channel and further increases.

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DOGE defended itself against further declines, has two supports and strong resistance in front of him. The first one at $ 0.137, and the second important support will be around $ 0.0897. The resistance zone starts at $ 0.1526.

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Despite the recent declines, the DOT defended its support at $ 17.59, in the event of further declines, the price must stay within the range of $ 11.37 - $ 8. If sentiment changes and we see increases, we will encounter the first resistance around $ 23 and the second at $ 25.42.

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The FTM remains above the uptrend line. The price has rebounded after the recent decline and is hovering near resistance at $ 2.38. Breaking the current level could be an impulse to increase to around USD 2.58.

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Following the recent downturn, LINK hit a fundamental support line at $ 13.59, where the price rebounded and defended that level. If the sentiment in the market turns positive, we can try to break the price of $ 17.25 at Fib 0.236.

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XRP reacts as well, with declines close to $ 0.565. Important support at the $ 0.50 price, which has already rebounded twice. There is a strong resistance at this point in the price of $ 0.75.

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The ADA reacted to the weak sentiment in the market, which resulted in a significant drop in price to around $ 0.98 which is around the current support, while the next support line is at $ 0.7. We need to observe the behavior of BTC and the sentiment in the market in the coming days.

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SOL has created a downtrend channel in which the price is currently moving. It broke previous support to $ 98.80. The support line is around $ 72.8 at the 0.786 Fib Retracement level, the first resistance is around $ 110 and the second is around $ 138.7.

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BTC broke previous support and its price is around $ 35,000. The support zone, on the other hand, is between the current price and $ 29,000. The market behavior in the coming days should be carefully monitored, we are currently moving in the downward channel.

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BNB, like most cryptocurrencies, is experiencing solid declines after BTC's price has plunged to around $ 35,000. The next support for BNB was $ 320, while the resistance zone moved to the $ 411- $ 435 range.

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MATIC reacted strongly to the decline in BTC and the price approached USD 0.3. The current support is $ 1.58, but there is a new price resistance ahead of us. The first costs $ 1.96, the second $ 2.14. BTC has a huge impact on the price, if it does not stabilize its price, we can expect further drops.

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ETH is approaching an important support zone that would have to hold the price. Currently, the price is stagnating around $ 2,500. The next support is 0.786 Fib Retracement. Big drops in BTC are also reflected in ETH.

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It is worth observing the coming days as they may be crucial in determining the direction in which the ENJ may go. Currently, the price of 2.14 $ is a strong support, while breaking the current support may bring the price down to $ 1.83.

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IOTA is in a very important place, we have to hold the $ 1 price because it is a very important support and to stay in the current triangle zone. Observe the behavior of BTC and whether the price IOTAstarts to accumulate to the new rise.

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XLM is struggling to maintain the $ 0.24 level. We approach the exit of the triangle, we should observe the direction in which we leave the designated zone. Another support at $ 0.20. in the case of a downward move. If the XLM begins to gain strength, it may attack the price of $ 0.275.

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1INCH headed towards the first resistance at $ 2.53 unfortunately turned back with the price and is currently struggling to maintain support. If the support continues and we see a price consolidation, it could be a good sign for us to continue our fight.

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After fluctuating, BTC MATIC is dropping a bit more, but you can see that it kept its support level at 0.876 Fib Retracement, remaining in the triangle. It will be fine if MATIC consolidates the price around $ 2.10 and then tries to break out of the top triangle, that's what we need.