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The crypto market has made a breakthrough

From fxpro.news

The crypto market capitalisation has increased by almost 5% over the past 24 hours to $3.25T. This rise above previous local highs confirms the formation of a bullish trend with a sequence of higher local highs and lows. The crypto market has few technical obstacles until it reaches $3.32T, which is the classic Fibonacci retracement level of 61.8% of the decline from the peak in early October. The sentiment index jumped to 48. Although this is the lower half of the sentiment range, we are seeing the highest values for the indicator since the end of October, reflecting a significant change in sentiment. The crypto ... (full story)

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  • Category: Fundamental Analysis