The Currency Analytics
By Maheen Hernandez
The ETH has been rising steadily above $158 and $160 resistance levels versus the dollar. The price has been trading above the $165 level.
The 4 hours MACD is slowly moving in the bearish zone. The 4 hours RSI has moved back above 50 levels and has got a positive angle.
The chances are high for an up break above $170 and $172. While the major target of the bulls is at $180, sellers will likely defend their run towards the $200 level.
A recent survey from the deVere Group has shown that 68% of their participants are already invested in cryptocurrencies or they will make an investment at some time in the new…
The reason for the investment is not always about the Fear of Missing out. There are other factors which are influencing these wealthy lot to move towards investing in…
Nigel Green, the Co-founder of deVere, stated, “There is growing, universal acceptance that cryptocurrencies are the future of money – and the future is now.
Green states that the price of Bitcoin will test the $6,000 level, which will justify the overall surge in the optimism related to cryptocurrency.
When this confidence comes into place, the sky will be the limit for the growth of cryptocurrencies.
The principle of borderless payment systems will be particularly attractive to several prospective investors.
The currency surge in the price of the Bitcoin is 40% more when compared to the price in March.