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Crypto

Ardoino Backs Pro-Crypto Nations Amid BTC Price Volatility

Guavy AI Editorial Team
Instruments
BTC
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Paolo Ardoino has expressed support for nations embracing Bitcoin opportunities. He highlighted El Salvador and Kazakhstan as leaders in this space.

The price of BTC is currently holding above its EMA50 at $72,311.67 and EMA200 at $66,950.39 within the Bollinger band. The RSI(14) reading is 67.03, while the MACD shows a death cross at 1755.23.

The price is testing the upper Bollinger resistance at $78,327.82, and with the RSI flashing neutral momentum, a healthy retracement to the 50-EMA support at $72,311.67 seems probable before further continuation.

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