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Bitcoin's Critical Resistance: Market Buzz

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by Giorgi Kostiuk

2 days ago


As the week wraps up, Bitcoin fights to stay above the significant $85,000 mark. Holding this level is crucial for a possible bullish trend in the coming days.

What’s Next for Ripple (XRP)?

The conclusion of the XRP legal battle brings mixed sentiments. Despite the favorable resolution, the price struggles to exceed $3, hampered by increased tariffs and a cautious market sentiment. Expectations are set for a market recovery and positive pricing developments starting in April.

Can SHIB and Pi Coin Bounce Back?

Among meme coins, SHIB recently hit a local low of $0.00001096 on March 11 and is now in a consolidation phase. A closing price above $0.0000139 could propel it towards $0.00001587, setting the stage for a potential rally of up to 110%.

Bitcoin's Battle for $85,000

Holding the $85,000 level is important for Bitcoin to confirm a possible upward movement. A breakthrough above the $87,000 resistance would confirm an upward movement.

Market participants are closely monitoring these developments, hoping for a resurgence in crypto prices.

Crypto investors continue to monitor price dynamics and key resistance levels, aiming to identify future trends and potential market recovery.

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