News
If ETH overcomes the $302 mark, by the end of the year it will rise to $1,000
Jun 18, 2019 Forex News
If ETH overcomes the $302 mark, by the end of the year it will rise to $1,000, such an analyst and trader Benjamin Blunts published this forecast on his Twitter account. He claims that the price chart for the ETH/USD pair contains signals for the repetition of the 2017 rally. The analyst claims that in these conditions, Ethereum has every chance to repeat its success if it breaks up the key resistance level of $302.
The trader believes that the movement of the ETH/USD pair in the spring and summer of this year is very similar to the dynamics of the Ethereum rate in 2017. But it is worth noting that then for the first time Ethereum overcame the $ 100 mark, and today this cryptocurrency is trying to approach the $300 mark.
On June 16, the ETH/USD pair has already tried to break through the $275 level, but without success.
Benjamin Blunts believes that the $302 mark plays a major psychological role for the bulls. And if this level is overcome, the Ethereum will continue its growth at a higher rate. And not only speculative actions of traders but also the upcoming launch date of the updated Ethereum 2.0 network will contribute to this.
to other news
All newsDespite the short-term effect of rumors that Amazon was going to accept Bitcoin this year and the subsequent pullback, the BTC/USD pair was able to find support in the area of $36500 and start a new rally. As a result, today the BTC/USD pair was able to rise
Mar 2, 2023 Forex Forecast
Dear clients, Please note that due to Independence Day celebrated in the USA on 4 July 2022 you may experience the following changes: Monday, July 4rdMetal CFDs: trading closes at 21:30. Indices CFDs: Europe 50 (#ESX50): trading closes at 23:00; France 40 (#FCHI): trading closes at 23:00;
Jul 1, 2022 Company News
On March 13th, 2022 TenkoFX will switch its trading servers 1 hour ahead, from GMT +2 to GMT +3. The change will affect all types of TenkoFX trading accounts. In ECN, STP accounts summer time will take effect starting with the market opening on Monday, March 14th, 2022. In Crypto
Mar 10, 2022 Company News
Dear Clients, Please note that due to President’s Day in the US on February 21, 2021, trading hours for some financial instruments will be changed as follows: Spot commodities CFD:Gold (XAUUSD) - trading ends at 21:30;Silver (XAGUSD) - trading ends at 21:30;US Crude (XTIUSD)
Feb 14, 2022 Company News