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The war fear of a war outbreak in the Middle East is striking fear into all markets worldwide including crypto, as you saw by the huge dip this morning. Developments surrounding the war news should come in throughout the weekend, so you can expect things to dip lower.
Now is not a bad time to accumulate spot bags of some quality altcoins as they look pretty bottomed after that huge liquidation cascade, stay safe Mega Traders.
The Price of #EGLD has broken dynamic support and retested it. It is possible that the price will dump about 20% and reach the support level of $38.00 - $40.00 .
Right after BTC rejected the new record level, it is now fluctuating around the 68,000 - 69,000 price area. However, Alts fell stronger than expected. Only a few coins out of thousands of others are going against the market, such as TON and ENA. In fact, BTC does not decrease in the daily time frame, but investor psychology is worried about the upcoming halving event. I feel that Alts are not very optimistic at this time if BTC falls from the price level of 68,000 ----> Alts will become exhausted. Notice that next month is May, it is really worrying. Control your financial risks and don't fall into bad situations because when the storm passes, we will still have many opportunities in the future.