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Ethereum (ETH) Price Analysis: Ether Resumes Uptrend, Faces Rejection at $2,900 Resistance Zone

Key HighlightsEthereum approaches the $2900 resistanceEther targets the high of $3,000 Ethereum ETH) Current StatisticsThe current price: $2,764.51Market Capitalization:$321,643,104,838Trading Volume: $27,120,759,339Major supply zones: $2,800, $3,000, $3,200Major demand zones: $1,800, $1,600, $1,400 Ethereum (ETH) Price Analysis June 2, 2021 Since May 24, Ethereum has been struggling to be out of downward correction. Today, the biggest altcoin […]

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Dollar Regains Traction but Softens As Euro Trends Higher

The dollar is making a modest comeback, but it remains stuck below next-term barrier levels. The currency market is also showing signs of caution, with the dollar index hovering around 90. Over the next few days or weeks, the DXY’s movement will likely be reflective of most asset classes. The current calm could be a […]

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Argentina Records Significant Bitcoin Mining Boom Due to Subsidized Power

Argentina is currently experiencing a boom in Bitcoin mining operations thanks to its highly subsidized power rates and exchange controls, granting miners the ability to sell their newly-mined BTC at prices above the official rate. The increasing mining activity in Argentina also stems from the fact that the country operates a capital control system that […]

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Gold Retesting The Buyers! – Expert Analysis & Trading Tips | Learn 2 Trade – Expert Analysis & Trading Tips | Learn 2 Trade

Gold is traded back below the 1,900 psychological level after failing to stabilize above 1912.78 static resistance. The bias remains bullish despite the current drop as the yellow metal stands above strong support levels. The price has plunged in the short term also because the US ISM Manufacturing PMI has reported better than expected data. […]

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Ripple Records Significant Boost in Investment Product Inflows in May

According to a recent report by CoinShares, Ripple (XRP) investment products recorded a spike in capital inflows last week. CoinShares also highlighted the growing popularity of Cardano and Polkadot. In its digital asset fund flows report, the assets manager noted that the entire cryptocurrency investment products attracted about $74 million in capital inflows last week. […]

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EUR/CHF Retests Level 1.1100, Sigalling the Downtrend

Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishThe pair is falling after the rejection at level 1.1100. The price corrected upward to retest level 1.1100 before signaling the downward move. Meanwhile, on March 16 downtrend, a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement […]

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