Crypto currency The markets are rising with the recovery of US technology shares and the decrease in uncertainty. The first quarter was a complete nightmare, and as he moved towards the middle of the second quarter, the Trump administration completely unlike his attitude on April 2, and took obvious softening steps. If this is not Trump’s last game, we should see more in crypto currencies.
US Markets History Rise
TKL drew attention to the strong rise in the S&P 500 index. There was a significant increase of 13.7 %on the last 21 trading day. Then, in 2020, he performed 25 %in 21 days and made such good gains. Considering the environment of that day, where the gigantic liquidity is pumped to the market, our hopes for the coming months may increase.
We have seen similar examples only 4 times in the last 25 years.
“In this century, the index of the index was higher in only 5 terms: 2020, 2009, 2008, 2002 and 2001.
Since the lowest level on April 7, S&P 500 has risen 17 %and compensated for all its losses after the Liberation Day. However, the index is still traded below ~ 1.5%of its 200 -day moving average. ” -TKL
Crypto It is very compatible with the US stock markets and the continuation of this series of earnings is also supportive for us. Moreover, the factors that support the stock market rise mean much more rise for crypto. Currently, the US acceptance of the crypto, the steps taken by large companies in this direction, and more due to tariff pressure could not be priced. Delayed pricing can be painful for bears.
W Coin and ETH
Continuing the day with an increase of more than 10 %by exceeding $ 2,330 Eth quite good. If it can maintain this acceleration, much better gains can be seen in the rest of the subcoins. Pepe Coin It will probably continue to move for a while like his leverage version. In his latest assessment, Cryptobullet updated the previous ETH estimate and shared the graph below.
“Eth It only reached my green target box in a 1 -week candle! I like. We have enough time to rise up to 3 thousand dollars and we will wait and see. ”
Quintenfrancois says he has seen the opportunity for W Coin remaining in the shadow.
“W shows the signs of a potential trend return.
-The first high level in the months -> rise momentum occurs.
The key level to be followed: Keep above $ 0.09 and turn it into support. ”
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
