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The crypto market is climbing out of the hole but slowly

From fxpro.news

The crypto market cap has fallen by 0.5% over the past 24 hours to $1.156 trillion, as it pulled back from the extremes at the start of trading on Monday. However, the market has remained positive for the past five days. Top altcoin prices ranged from a 1.7% decline (Tron) to a 4% gain (XRP) over the day. Bitcoin failed to break above its 50-day moving average after being under pressure for most of the day on Monday. After the correction to $27.5K, the first cryptocurrency began to attract local buyers. This is a local support area in March and April, and a move higher shows the strength of the buyers. Ethereum broke ... (full story)

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  • Category: Technical Analysis