It’s time for the Ethereum to play hardball.
Ending upward structures are developing.
XRP follows the market but does not relate to it.
We reach the end of a week can be characterized as a week of transition.
After the strongly bullish days of the beginning of the month, cryptos have reached critical levels of resistance that mark the border between the technically bullish zone and the current one – the change of tendency and the resurgence of the bulls.
King Bitcoin has spent the last ten days circling the wall and for now, has not found the key to allow the transition. BTC/USD shows a trend exhaustion profile, so if there is a final attack on this critical resistance level, it will have a vast epic and risk component.
The market mood has changed from exaggerated pessimism to an anesthetic mode in which even Binance’s security problems have not shaken current thinking.So what is the current thinking? Well, as an example, AT&T, the giant of telephony in the USA, founded in 1983, announced yesterday that its users would be able to pay their bills with Bitcoin. The adoption of Bitcoin as a means of payment has reached a mainstream company. ETH/BTC 4 Hours Chart The ETH/BTC pair, which I consider to be a leading indicator of the market mood, reacts to the rise early in Europe. After relying on the lower parallel bullish trend line yesterday, it resurfaces today and is already moving at 0.03162 BTC per ETH.Above the current price, […]
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