RATE Group | Ripple’s XRP to Be Listed on Biggest Crypto Exchange in Malaysia
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Ripple’s XRP to Be Listed on Biggest Crypto Exchange in Malaysia

09 Dec Ripple’s XRP to Be Listed on Biggest Crypto Exchange in Malaysia

Posted at 19:16h in Cryptocurrency News by

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According to Bloomberg, Bitcoin, the top coin by market capitalization, remains trapped in a bearish pattern. 


Bitcoin Price Could See Another Major Rally if History Repeats Itself


The price movement of BTC has been contained within two descending trend lines since its precipitous drop from the yearly high of $13,851. The leading financial outlet states that it’s high time for the coin to make a major upward move in order to break out of the falling channel on its daily chart and build bullish momentum. 


As reported by U.Today, the above-mentioned formation is closely watched by trading veteran Peter Brandt. According to his “immediately bullish” scenario, the six-month bear channel could become a springboard for a new parabolic phase. However, if Bitcoin were to violate the lower boundary, it could reach a local bottom in July 2020 at around $5,300.                


Bitcoin Price Likely to Surge to $8,200 Before Surprising Bulls: Crypto Analyst


At the time of writing, the Bitcoin price is changing hands at $7,418 after a fakeout that briefly pushed its price to the $7,700 level. The…

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