Bitcoin Rebounds, Ethereum and Ripple Show Signs of Recovery

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Bitcoin Rebounds, Ethereum and Ripple Show Signs of Recovery
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Bitcoin price has rebounded after testing its key psychological level at $90,000. Ethereum price found support around its 200-day EMA at $3,114 and is eyeing a recovery. Ripple price has found support around its upper symmetrical triangle throwback, suggesting a rally ahead.

Bitcoin price rebounds after retesting its key psychological level at $90,000. Ethereum price finds support around its 200-day EMA at $3,114, eyeing a recovery ahead. Ripple price found support around its upper symmetrical triangle throwback, suggesting a rally ahead. Bitcoin and Ethereum prices continue to recover on Wednesday after finding support around their key levels this week.

This technical pattern has a bullish bias, and the target is generally obtained by measuring the distance between the first swing high and the first swing low to the breakout point. At the time of writing on Wednesday, it continues to trade higher around $2.80. If XRP continues its upward momentum, it could extend the rally to test its technical target obtained by this pattern, which would be $3.63.

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BITCOIN ETHEREUM RIPPLE CRYPTO MARKET PRICE RECOVERY

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