Amazon for NASDAQ:AMZN by EXCAVO

trendanalysis chartpattern indicator amzon excavo

Amazon is looking for a Digital Currency and Blockchain Product Lead as the internet giant progresses with plans to bring its payments systems into the crypto age.

Most likely, it will be a stablecoin. With intentions to integrate cryptocurrency into their platform, Amazon will join the team of Facebook, Twitter, Telegram, Mastercard, etc.

AMZN broke its ATH of $3550. It tested the ex-resistance level and bounced up.

👋🏻Best regards, EXCAVO

Comment:

The company representatives officially denied rumors about accepting payments in cryptocurrency in the near future. According to the statements, they are only studying this issue. Against that backdrop, there is increased volatility in the crypto market.

Perhaps new players will appear on the market among companies like Facebook, Twitter, Telegram, Mastercard, etc.

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