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Top 3 Price Predictions for Bitcoin, Ethereum, and Ripple: Dead cats entice, but bulls retain the key
Bitcoin price has reached a halt around $44,088, but if bulls can keep the fade at bay, investors may begin to dream about $50,000.
Investors are wary of breaching over the 200-day simple moving average (SMA), although tailwinds could aid.
XRP bulls have found support around $0.78, which should only lead to more gains.
Bitcoin price, and other majors for that matter, are keeping investors on their toes this morning, as most cryptocurrencies are seen encountering roadblocks on their way higher — performing tiny pullbacks after Asian markets failed to record a third straight winning run. In all three key pairs, it is crucial that bulls maintain their composure and that price action stays modest with no substantial fades, indicating that the recovery was just a dead-cat bounce. If investors can hold their positions and avoid panic selling, there will be additional upside and profits by Friday and into the weekend.
