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5/28/2021 5:38:11 PM GMT
Bitcoin price momentum continues to fail at 200-day simple moving average (SMA), constructing symmetrical triangle.
Ethereum price momentum stalls at the tactically important 50-day SMA, but overall price structure remains positive.
XRP price drops below neckline of a head-shoulders pattern on the four-hour chart, introducing new short-term risk.
Bitcoin price construction of a symmetrical triangle does point to a period of uncertainty. In contrast, XRP price is overcome with selling pressure, leaving it exposed to a test of the crash lows. Ethereum price seeks consolidation to release burdensome price compression before seeking new rally highs.
Kuroda joins the ranks of central bankers questioning cryptocurrencies