Cryptocurrencies Price Prediction: Bitcoin, Cahinlink & Ripple – 20 Jan

Bitcoin Price Analysis: BTC/USD regains $36,000 inside two-week-old triangle

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BTC/USD rises to $36,158, up 0.55% intraday, during early Wednesday’s trading. The famous cryptocurrency pair recently reversed from $35,654 while staying inside a symmetrical triangle established since January 04. Sustained trading beyond key SMA, upbeat oscillators favor bulls.

Chainlink price hits new all-time high target at $23.7 and aims for $30

Chainlink was trading inside a daily ascending parallel channel before a massive breakout on January 15 that pushed the digital asset to its new all-time high of $23.7. After a brief consolidation period, LINK is ready for another leg up. The breakout of the ascending parallel channel had a price target of $24 and Chainlink hit $23.7.

XRP Price Prediction: Ripple primed for another leg down after Coinbase officially suspends it for trading

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XRP was hit hard when the SEC decided to sue Ripple. Since then, the digital asset has crashed and lost close to 60% of its value. Several prominent exchanges announced they would halt XRP trading on their platforms including Coinbase.

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