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Crypto Market Holds Gains as BTC Extends Winning Streak

Guavy AI Editorial Team
Instruments
BTC ETH XRP
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The cryptocurrency market is showing signs of resilience as major assets continue to trade above key moving averages. Bitcoin (BTC) has extended its winning streak, holding above its 50-day Exponential Moving Average (EMA) at $65,089 for the fourth consecutive week.

Ethereum (ETH), on the other hand, has reclaimed its bullish technical profile by closing above its 100-day EMA near $1,934. This development suggests that ETH's recent upswing is aligned with the medium-term trend.

XRP, however, continues to trade below its 50-day, 100-day and 200-day EMAs, maintaining a bearish short-term bias. The token's price has stabilized around $1.10 but remains capped by the descending moving averages.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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