Bullish Signs for XRP, LTC, XMR, and AVAX Amid Bitcoin's Struggle at $28K
TL;DR Summary
Bitcoin is consolidating around $28,000, indicating that traders are holding on to their positions, expecting a further up-move. XRP has broken above the overhead resistance of $0.43 and is attempting to reach $0.51. Litecoin is showing signs of strength and could rise to $106 if it clears the strong overhead resistance at $98. Monero has broken free and is trying to climb higher, with a minor resistance at $170. Avalanche is consolidating between $18.25 and the 200-day SMA ($16.05), but if buyers thrust the price above $18.25, the AVAX/USDT pair will attempt a rally to $22.
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