ETHUSD (Ethereum) – Week 18 – All-time high momentum
Nvidia has reinstated the GeForce RTX 3060 graphics card driver, which now includes a hash limiter for Ethereum mining. According to Videocardz.com, the latest feature will be available for RTX 3060 cards that will go on sale in mid-May and will be completely locked down against operating Ethereum at maximum capacity.
A recent landmark for Ethereum, according to macro expert Raoul Pal, shows the platform's potential to command the crypto and financial markets. The European Investment Bank (EIB) is launching €100 million in crypto bonds on the Ethereum blockchain, according to the Real Vision founder.
Technically, although we are bullish for this pair long term, we see an overextended bullish move on the chart and advise caution with the buy orders in this area. If you want to add to your existing ones and enter here you should wait for a pullback and then buy.
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.
A recent landmark for Ethereum, according to macro expert Raoul Pal, shows the platform's potential to command the crypto and financial markets. The European Investment Bank (EIB) is launching €100 million in crypto bonds on the Ethereum blockchain, according to the Real Vision founder.
Technically, although we are bullish for this pair long term, we see an overextended bullish move on the chart and advise caution with the buy orders in this area. If you want to add to your existing ones and enter here you should wait for a pullback and then buy.
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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