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Altcoins Take the Main Stage With Impressive Gains as BTC Stalls at $94K  SOL, AVAX, and LINK have posted notable gains from the larger-cap alts. Bitcoin’s underwhelming price performance continues as the asset slipped below $93,000 yesterday but now sits at around $94,000. In contrast, many altcoins have produced a lot more impressive increases over the past 24 hours, including ETH, XRP, Bina, and others. BTC Stalls at $94K It was precisely a week ago when the primary cryptocurrency was flying confidently above $100,000 and even registered an all-time high of over $108,000. However, the landscape started to change later that day and especially on Wednesday after the last FOMC meeting for the year. BTC dropped to $105,000 at first, but the bears pushed it south a lot harder on Thursday and Friday. The correction culminated on Friday, at least for now, with a price dump to $92,000. The bulls finally reemerged at this point and didn’t allow a breakdown beneath $90,000. In fact, BTC bounced off during the weekend and even jumped above $99,000 on Saturday. Nevertheless, that was short-lived once again, and the asset plummeted once again at the start of the current business week to under $93,000 yesterday, perhaps due to the rising net outflows from the US-based ETFs. Despite recovering some ground since that daily low, bitcoin is still sluggish at around $94,000. Its market cap is well below $1.870 trillion on CG, while its dominance stands close to 54%. Altcoins Outperform Interestingly, while BTC is down by 1% in the past day, most altcoins have turned red. ETH, Bina, XRP, DOGE, ADA, TRX, and SHIB have posted gains of around 2-3%, while AVAX, LINK, and SUI have jumped by 5-6%. Even more impressive daily price increases come from the likes of HBAR and AAVE, both of which have jumped by double digits. The biggest gainers from the top 100 alts include VIRTUAL (24%), PENGU (16%), BGB (15%), HNT (13%), and MOVE (13%). The total crypto market cap has added around $20 billion since yesterday and is above $3.460 trillion now. $BTC $ETH $DOGS $LTC $LTC

Altcoins Take the Main Stage With Impressive Gains as BTC Stalls at $94K  SOL, AVAX, and LINK have posted notable gains from the larger-cap alts. Bitcoin’s underwhelming price performance continues as the asset slipped below $93,000 yesterday but now sits at around $94,000. In contrast, many altcoins have produced a lot more impressive increases over the past 24 hours, including ETH, XRP, Bina, and others. BTC Stalls at $94K It was precisely a week ago when the primary cryptocurrency was flying confidently above $100,000 and even registered an all-time high of over $108,000. However, the landscape started to change later that day and especially on Wednesday after the last FOMC meeting for the year. BTC dropped to $105,000 at first, but the bears pushed it south a lot harder on Thursday and Friday. The correction culminated on Friday, at least for now, with a price dump to $92,000. The bulls finally reemerged at this point and didn’t allow a breakdown beneath $90,000. In fact, BTC bounced off during the weekend and even jumped above $99,000 on Saturday. Nevertheless, that was short-lived once again, and the asset plummeted once again at the start of the current business week to under $93,000 yesterday, perhaps due to the rising net outflows from the US-based ETFs. Despite recovering some ground since that daily low, bitcoin is still sluggish at around $94,000. Its market cap is well below $1.870 trillion on CG, while its dominance stands close to 54%. Altcoins Outperform Interestingly, while BTC is down by 1% in the past day, most altcoins have turned red. ETH, Bina, XRP, DOGE, ADA, TRX, and SHIB have posted gains of around 2-3%, while AVAX, LINK, and SUI have jumped by 5-6%. Even more impressive daily price increases come from the likes of HBAR and AAVE, both of which have jumped by double digits. The biggest gainers from the top 100 alts include VIRTUAL (24%), PENGU (16%), BGB (15%), HNT (13%), and MOVE (13%). The total crypto market cap has added around $20 billion since yesterday and is above $3.460 trillion now. $BTC $ETH $DOGS $LTC $LTC

XRP Hits Strong Support Level, Is $93,000 Next for Bitcoin (BTC)? Dogecoin (DOGE) Dream of $1 Is Over? At this crucial point, XRP is testing the 26 EMA, a key support level that could dictate the asset's short-term course. After weeks of erratic price action, XRP is now at a critical juncture trading close to $2.28. A base for future rallies, the 26 EMA has historically served as a dynamic support level during XRP's bullish trends. Its function in the present market environment is identical as XRP exhibits stabilizing characteristics following a significant decline. Because it symbolizes the equilibrium between short-term market sentiment and long-term momentum, this level is especially significant. With XRP possibly aiming to retest the recent highs near $2.60, a bounce from the 26 EMA could pave the way for a recovery. Nonetheless, the likelihood of a breakthrough is largely dependent on ongoing purchasing pressure and general market dynamics. Regaining higher levels and establishing a more robust uptrend are possible if XRP keeps up its pace and steers clear of additional bearish momentum. XRP may be subject to more severe corrections if the 26 EMA is not held, possibly aiming for the next support at $2.15 or below. The market appears to be waiting for a clear move as volume analysis indicates a reasonably balanced trading environment. Since the RSI is currently close to neutral territory, neither overbought nor oversold conditions are indicated. This gives XRP space to either rally or continue to consolidate before taking firm action. Traders will be keeping a close eye on XRP's performance at the 26 EMA moving forward. In contrast to a breakdown that might prompt greater caution, a robust bounce could restore trust in the asset's bullish narrative. Investors should keep an eye on market sentiment and volume trends as XRP moves through this crucial stage. $100,000 is far away The recent price movement of Bitcoin suggests mounting pressure as the asset is unable to hold a position above the psychologically significant $100,000 level. Bitcoin looks to be in a vulnerable position right now with possible downside risks looming at its current price of $97,154. The short-term ascending trendline on the chart has been broken, indicating waning bullish momentum. This action has drawn attention to Bitcoin's next support level, which is approximately $93,000. The 50 EMA is a crucial technical indicator that frequently acts as a dynamic support level during corrective phases, and this area corresponds with it. Selling activity has increased as a result of the market's sentiment being dampened by the inability to sustain $100,000.$XRP $CEC $BTC $DOGS

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