ETHUSD (Ethereum) – Week 14 – Full steam ahead
Synthetix is an Ethereum-based decentralized synthetic asset issuance protocol. Synthetix was the first major DeFi project to use Layer 2 Ethereum, but some have followed suit as gas prices have increased.
Mark Cuban, the Shark Tank billionaire and entrepreneur, revealed how he invested in crypto in his investment portfolio in a new interview. When he appeared on the Delphi Podcast on March 25, the billionaire, who also owns the Dallas Mavericks, didn't announce the value of his crypto portfolio, but he did state that he owns "60 percent Bitcoin, 30% Ethereum, and 10% the remainder."
Technically, Ethereum reached an all-time high yesterday. Here we analyse the pair and it is consolidating after breaking the top, meaning that the upside is not over. We can see a more deeper pullback to the minor support area but we don’t see this as a high probability scenario.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Mark Cuban, the Shark Tank billionaire and entrepreneur, revealed how he invested in crypto in his investment portfolio in a new interview. When he appeared on the Delphi Podcast on March 25, the billionaire, who also owns the Dallas Mavericks, didn't announce the value of his crypto portfolio, but he did state that he owns "60 percent Bitcoin, 30% Ethereum, and 10% the remainder."
Technically, Ethereum reached an all-time high yesterday. Here we analyse the pair and it is consolidating after breaking the top, meaning that the upside is not over. We can see a more deeper pullback to the minor support area but we don’t see this as a high probability scenario.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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