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Recently, there was a downside correction in bitcoin below the USD 5,200 support area. BTC tested the USD 5,080 support area and bounced back.
The price is now (08:10 UTC) trading above the USD 5,200 level and it may continue to rise towards USD 5,250 and USD 5,280.
Similarly, ethereum and ripple bounced back after completing a short term downside correction.
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