Ethereum price targets $3,000 with zero opposition ahead of ETH

By August 4, 2021DeFi
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A brief technical and on-chain analysis on Ethereum price. Here, FXStreet's analysts evaluate where ETH could be heading next as it seems bound to advance further.

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  • Bitcoin price is forming the handle of a cup-with-high-handle base with a current measured move of 32%.
  • Ethereum price solidifies gains above the upper trend line of the descending triangle pattern.
  • XRP price continues to correct in time versus price after triggering a double bottom pattern on July 28 with an explosive gain of 13.41%.

Bitcoin price, Ethereum and XRP are consolidating their notable rallies off the July 20 low after striking established resistance levels. As of today, the corrective processes remain constructive and have not disarmed any of the critical support levels that would endanger the bullish outlook for the three crypto majors.

Bitcoin price preparing to transition from bear market bounce to bull market

At this moment, there is no doubt that Bitcoin price has established a firm correction low as the magnitude and sustainability of the rally has exceeded other rebounds during the correction while triggering a durable bottoming pattern. Moreover, the BTC rally is characteristic of moves that have marked a local top, or in some cases, the end of the advance, therefore establishing the impulsiveness that is required to overcome the trifecta of resistance now in play.

The first point of importance in the resistance is the June 15 high of $41,322, followed by the 38.2% Fibonacci retracement of the April-June correction at $42,589 and then the February 28 low of $43,016. At the August 1 high, Bitcoin price was 16 points below the 38.2% retracement level, affirming the importance.

If you zoom out, it becomes clearer that Bitcoin price is defining the handle of a cup-with-high-handle base. The bullish development creates a measured move of 32% from the handle high, with a final price target of $56,239. The target aligns with a formidable range of price congestion that extends back to the February high. Furthermore, it represents a constructive transition from an oversold bounce into a new BTC bull market.

Critical to the bullish narrative and forecast is the support embedded in the June 29 high of $36,675. A correction to the Bitcoin price level would be the ideal situation. Otherwise, BTC is exposed to a test of the rising 50-day SMA at $34,855. It would equate to an approximate fall of 18% from the handle high but still in the depth range of a healthy handle.

Any weakness below the 50-day SMA would provoke a reassessment of the bullish BTC outlook that has successfully projected the Bitcoin price action from the July low.

BTC/USD daily chart

BTC/USD daily chart

An immediate renewal of Bitcoin price strength would discover resistance at the 200-day SMA at $44,764, followed by the 50% retracement at $46,849 and then the $51,109, before tagging the measured move target of $56,239, leaving BTC just 15% away from the all-time high of $64,899, printed on April 14.

The ideal scenario was for a correction in time versus price. Still, the evolution of the charts into a bullish cup-with-high-handle base has improved the probabilities that Bitcoin price will survive the trifecta of resistance and transition into a bull market. For now, it is about patience and maintaining an eye on the depth of the corrective process.

Ethereum price is relentless in the pursuit of bullish outcomes

Ethereum price is now up 14 of the last 15 days, yielding a 49.54% return at the time of writing and proving the relentlessness of the underlying bid. It is not the largest gain over 15 days as ETH reached 77.22% in May, 55% in February and 109.76% in January. Nevertheless, it is a solid continuation from the bullish outside week two weeks ago.

With the 6.11% gain today, Ethereum price appears to be overcoming the resistance defined by the Ichimoku Cloud after pulling back from the August 1 high of $2,699 and defending the upper trend line of a descending triangle pattern that had governed ETH since the March collapse.

If the ETH breakaway from the Cloud is sustained on a closing basis, Ethereum price may quickly rally to the $2,900-$3,000 range where May and June’s highs align. A test of that range would result in a 74% return from the July 20 low.

For additional interest in the ETH bull case, FXStreet published an article on July 20 discussing three reasons why Ethereum price would rally.

ETH/USD daily chart

Of course, things could change for ETH or the cryptocurrency complex moving forward. If Ethereum price resumes the consolidation, the upper trend line of the descending triangle at $2,390 should be credible support. However, a failure to hold will press ETH down to the 2020 ascending trend line at $2,230 or the union of the 200-day SMA with the 50-day SMA around $2,160.

A failure to hold the moving averages puts Ethereum price in a precarious situation that will prompt a reconsideration of the bullish narrative. Still, the London fork has put ETH in a position to succeed moving forward, with the most challenging resistance of the past now acting as support.

XRP price close to shining again, yet so far

On July 29, XRP price triggered a double bottom pattern with a daily close above $0.733 after easily besting the 50-day SMA and touching the staggering resistance framed by the 200-day SMA and the neckline of a multi-year inverse head-and-shoulders pattern around $0.772.

Over the last five sessions, XRP price has been drifting lower, showing a correction in time versus price and affirming a definitive underlying bid for Ripple.

The Ripple double bottom pattern’s measured move is just over 30%, proposing a price target of $0.953 based on the pattern trigger price of $0.733. The target is below the significant resistance designed by the psychologically important $1.00 and the 38.2% retracement level of the April-June correction at $1.06.

To reach the measured move price target and the higher resistance between $1.00 and $1.06, XRP price needs to subdue the resistance of the 200-day SMA at $0.783. A daily close above the moving average would be a timely point to add to an existing Ripple position or initiate. It would put Ripple on pace for a 36% gain from the moving average to $1.06 and position it to shine the light on a new bull market advance.

XRP/USD daily chart

XRP/USD daily chart

If the XRP price corrective process shifts from just being in time, Ripple should maintain weakness to the confluence of the 50-day SMA at $0.660 with the May 23 low of $0.652. A fall below those levels puts the bullish outlook on hold and raises the probability of a new correction low.

All three cryptocurrency majors have demonstrated impulsiveness off the July lows that are consistent with a sustainable advance. However, Bitcoin and XRP prices have met sturdy resistance and are consolidating the gains in a constructive process. Meanwhile, Ethereum price has continued the momentum, shedding the magnet effect of the upper trend line of the descending triangle with sights set on higher ETH levels in the near term.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Cryptos feed


  • Bitcoin price has dropped 10% since its August 1 swing high at $42,599.
  • Ethereum price follows BTC and has shed 9% as it bounces off the $2,460 support level.
  • Ripple price came extremely close to retesting the range high at $0.785 but is now undergoing correction.

Bitcoin price retested the range high during its recent exponential upswing and the altcoins followed suit. However, this uptrend is running out of steam and is retracing as investors continue to book profits.

Ethereum and Ripple will also likely correct to stable support levels before the markets establish a direction.

Bitcoin price sets up a lower low

Bitcoin price shed roughly 10% since retesting the range high at $42,451. This down move has created a lower low at $37,955, indicating that this sell-off might continue up to $37,241, roughly 3% from the current position.

In some cases, BTC might head as low as $36,361 before the uptrend resumes. However, any breach below the 50% Fibonacci retracement level at $35,618 could lead to a negative impact on the bullish outlook.

BTC/USDT 9-hour chart

BTC/USDT 9-hour chart

A bounce from $37,241, $36,361 or the 50% Fibonacci retracement level at $35,618 is likely to resume the uptrend. However, a breakdown of $35,618 leading to a decisive 9-hour candlestick close below it will invalidate the bullish outlook.

In some cases, the resulting selling pressure might push BTC down to $34,666 or lower.

Ethereum price awaits a catalyst

Ethereum price has been following Bitcoin’s footsteps closely. However, starting July 31, ETH seems to have temporarily broken free and rallied higher despite BTC’s slump.

Since this move was ephemeral, Ethereum price fell in line as it continued to retrace lower. So far, the smart contract token has dropped 9% to retest the support level at $2,460.

As with BTC, Ethereum price might kick-start its uptrend from $2,460 or retest the range’s midpoint at $2,297. This move would reveal a total retracement of 15% and would most likely be the place where sidelined buyers might step in and trigger another leg-up.

ETH/USD 6-hour chart

ETH/USD 6-hour chart

Regardless of the bullish outlook due to the recent climb, Ethereum price might face trouble if the $2,271 support level is breached. Such a move will invalidate the bullish outlook and indicate weak buying pressure.

Under certain circumstances, the move might even instigate holders to sell, pushing ETH as low as $2,018.

Ripple price takes a hiatus

Ripple price rallied roughly 50% from the range low at $0.508 to the range high at $0.785 in less than two weeks. Since its peak on August 1, XRP has dropped roughly 9% and is currently hovering above $0.689.

Although a bounce from the said support level is likely, a breakdown of it could lead to a retest of $0.665 and $0.647, the trading range’s midpoint, in some cases.

Investors can expect a reversal from either of the levels mentioned above to retest the $0.785 resistance level.

This move would represent a 21% upswing from $0.647.

XRP/USDT 6-hour chart

XRP/USDT 6-hour chart

On the other hand, a breakdown of $0.647 will indicate weak buying pressure and might catalyze a move lower. If this were to happen, leading to a breach of the $0.627 support level, it would invalidate the bullish thesis and trigger a 6% move to $0.590.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Cryptos feed


  • XLM price takes a breather as it prepares for a 15% upswing to $0.303.
  • Stellar plans to introduce Automated Market Makers on its blockchain via Protocol 18 proposal.
  • A breakdown of the $0.228 support level will invalidate the bullish outlook.

XLM price is consolidating in an uptrend after a sharp upswing ended on July 23. A pullback seems likely before the new leg-up begins. Therefore, investors can expect Stellar to retrace to crucial support levels.

Automated Market Maker on Stellar

Stellar announced on July 1 the introduction of Automated Market Makers (AMMs) as part of its 2021 roadmap. The main focus of this roadmap, especially in 2021, is to improve liquidity. Doing so will allow users on the Stellar network to access this liquidity to convert assets seamlessly and efficiently.

Since the Stellar Network helps transfers across borders, having liquidity that allows conversion of multiple currencies will be a vital ace to have up one’s sleeve.

However, things are pretty straightforward as they seem. Due to the decentralized nature of the network, the validators need to vote on the “Stellar Protocol 18” proposal that plans to implement AMMs. If the validators agree, they will have to upgrade to a newer version of the network.

The blog reads,

Protocol 18 will add automated market maker functionality to Stellar, enabling developers to create AMMs that will coexist alongside the SDEX and provide an alternate source of liquidity.

XLM price prepares for upswing

XLM price is getting rejected after failing to slice through the $0.303 resistance level. So far, Stellar has dropped 10% to where it currently stands, $0.273.

If the selling pressure continues to pour in, the immediate support barrier at $0.262 will shatter. The $0.251 demand barrier will likely serve as a foothold that reverses the downward trend. A resurgence of buying pressure at this level might trigger a 20% upswing that creates an equal high after retesting the $0.303 supply barrier.

Supporting this short-term pullback is the Momentum Reversal Indicator, which flashed a sell signal in the form of a red ‘one’ candlestick on the 6-hour chart. This technical formation forecasts a one-to-four candlestick correction, adding a tailwind to the downswing hypothesis.

XLM/USDT 6-hour chart

XLM/USDT 6-hour chart

While a reversal seems likely around $0.251, investors should keep an eye out for a breach of this barrier in a highly bearish case. If this were to occur, XLM price might kick-start the uptrend from $0.236.

However, a breakdown of the $0.228 foothold will invalidate the bullish thesis and trigger a sell-off to $0.218.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.


  • XLM/USD is gathering strength for further upside beyond $0.30.
  • Stellar price set to confirm an ascending triangle breakout on the 4H chart.
  • XLM bulls find immediate support at 21-SMA at $0.2725.

Stellar Lumens (XLM/USD) is alternating between gains and losses around $0.2800 so far this Saturday, looking out for a strong bullish catalyst to extend the recent uptrend.

XLM price is consolidating after four consecutive daily gains, having failed to secure its hold above the $0.30 level. The altcoin remains on track to book the second straight weekly advance, adding nearly 7% over the past seven days.

XLM/USD’s path of least resistance remains to the upside

Stellar Lumen’s four-hour chart shows that the price has been traversing within an ascending triangle formation since July 22.

XLM price remains primed for a bullish breakout from the triangle, as it continues to challenge the horizontal trendline resistance at $0.2870.

If the bulls manage to find a strong foothold above the latter on a four-hourly candlestick closing basis, then a rally towards the pattern target measured at $0.3230 could be well on the cards in the near term.

However, on its way northwards, the $0.30 psychological level could challenge the bullish commitments.

The Relative Strength Index (RSI), currently pointing up at 58.51, backs XLM’s constructive outlook.

XLM/USD: Four-hour chart

Alternatively, the upward-sloping 21-Simple Moving Average (SMA) at $0.2725 could limit any pullbacks from higher levels.

Sellers will then keep their sight on the next downside target around $0.2670, where the mildly bullish 50-SMA and rising trendline (triangle) support coincide.

A sustained break below that confluence support would yield a downside breakout from the triangle, exposing the critical 200-SMA cushion at $0.2526.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Cryptos feed


Bears have seized control over the market, with the majority of coins being in the red zone. Cardano (ADA) is the only exception after spiking 1.42 percent.

Bitcoin

Top coins by CoinMarketCap

XRP/USD

Yesterday, the XRP/USD pair tried to fix above the two-hour EMA55, but the bears pushed the price below the moving average at the end of the day.

XRPUSD

XRP/USD chart by TradingView

Tonight, the decline continued to the level of $0.72. In the morning, the correction slowed down, but the pair might still start trading below the $0.70 support level.

Chart

XRP/USD chart by TradingView

On the higher time frame, XRP bounced off the support at $0.70, which means that buyers are not giving up and are ready to save this level.

Respectively, there is a high probability of seeing XRP testing the liquidity zone around $0.74 to gain more power for another move.

Chart

XRP/USD chart by TradingView

According to the daily chart analysis, XRP may break the support at $0.70 as buyers could not seize the opportunity after the false breakout. If that occurs, the next mark where bulls might come back to the game is $0.67 zone.

XRP is trading at $0.71096 at press time.

Any financial and market information given on U.Today is written for informational purposes only. Conduct your own research by contacting financial experts before making any investment decisions.

Cryptos feed


  • Bitcoin price to receive a boost as CME plans to launch Micro BTC Futures on May 3.
  • Unsurprisingly, the SEC delayed its decision on the Bitcoin ETF by extending the deadline up to June 17.
  • BTC shows ambiguity as it could rise to a new all-time high or suffer a steep correction.

Bitcoin price shows considerable strength after springing from the recent crashes. Still, it is uncertain whether the current bullish impulse will morph into a new uptrend or lead to a more profound decline.

CME’s turn to carry the BTC torch

Even though the past week saw blood in the markets, things seem to have calmed down as Bitcoin appears to have found its footing.

Chicago Mercantile Exchange (CME) announced the launch of Micro Bitcoin Futures (MBT) on May 3, which could see a spike in interest from retail investors.

According to the firm’s senior managing director, Sean Tully, the decision to launch this new financial product comes after the company netted $4.70 million in revenues from its offering of Bitcoin Futures contracts in the first quarter of 2021. Now CME expects that the MBT would appeal to a broader audience due to its relatively smaller lot sizing and fee structure.

On the other end of the spectrum, the US Securities and Exchange Commission (SEC) gave itself an extension for deciding on VanEck’s Bitcoin ETF. The accelerated institutional demand could play a vital role in whether it would be approved or not.

The order published on April 28 reads,

… pursuant to Section 19(b)(2) of the Act,6 the Commission designates June 17, 2021, as the date by which the Commission shall either approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change…

While US regulators continue evaluating the approval of a Bitcoin ETF, institutions continue accumulating more Bitcoin. Nexon became the latest publicly listed firm to acquire BTC.

The Tokyo-based gaming company purchased $100 million worth of Bitcoin at an average price of $58,266, joining Telsa, MicroStrategy and others.

Bitcoin price finds itself at crossroads

Bitcoin price has dipped to $47,000 on April 25 but has swiftly regained the losses incurred and now sits at an inflection point. Indeed, it could very well kick-start another rally that takes out the current highs as Ethereum has, or it might be the start of a much steeper correction.

The weekly chart puts the flash crash in perspective and shows that the downward impulse pushed BTC price into the early March territory but failed to test the 21-week Exponential Moving Average (EMA) at $44,996. Had this level been tapped, the bullish scenario would have been acceptable.

During the previous bull runs, BTC bounced off this EMA as it continued its parabolic growth. Hence, investors could get to see Bitcoin price come to such a crucial support level this time around. But for that to happen, a decisive daily candlestick close below the 100-day Simple Moving Average (SMA) at $50,655 must occur. Although the 21-week EMA could keep falling prices at bay, failing to hold above it would likely lead to a downswing to the 200-day SMA at $36,022.

BTC/USD 1-week. 1-day chart

BTC/USD 1-week. 1-day chart

Dave The Wave, a renowned technical analyst in the cryptocurrency community, believes that the bearish carries a lot of weight. According to the chartist, the current bullish cycle resembled the one in 2017. When considering the recent price action and the evolution of the Moving Average Convergence Divergence (MACD) indicator, a steep correction could unfold.

Dave clarified that “a solid correction does not entail a multi-year bear market,” but it may be needed to maintain Bitcoin’s uptrend healthy.

BTC/USD 1-week chart

BTC/USD 1-week chart

Several on-chain metrics support that a steeper correction is underway.

For instance, the number of daily active addresses interacting with the Bitcoin network has been steadily declining over the past few weeks. It went from 1.10 million daily active addresses to roughly 1.05 million, representing a 4.50% drop.

Such on-chain activity suggests that investors could either be booking profits or reallocating their funds, which is a bearish sign.

BTC daily active addresses chart

BTC daily active addresses chart

Moreover, Bitcoin’s 365-day MVRV reveals that most of the BTC tokens purchased over the past year sit 50% higher than at the time they were acquired. The high levels of profit that investors could incur now if they were to sell, indicate that a potential spike in profit-taking is underway.

Interestingly, the recent peak seen in the 365-day MVRV coincides with the high of late June 2019, which marked a local top at the time. Similar market reaction to this on-chain metric could see Bitcoin correct to at least the 21-week EMA at $44,996.

BTC 365-day MVRV chart

BTC 365-day MVRV chart

Despite the grim worst-case scenario, whales continue accumulating more Bitcoin at every dip.

Bitcoin’s supply distribution chart shows that the number of addresses with 10,000 BTC or more has significantly increased their holdings over the past week. These high-net-worth individuals acquired roughly 60,000 BTC and now own nearly 14% of the total supply.

The massive buying pressure behind the flagship cryptocurrency opposes the bearish scenario outlined above, calling for a continuation of the uptrend.

BTC supply distribution chart

BTC supply distribution chart

If buyers can manage to push the Bitcoin above $60,103 and hold above this crucial hurdle, the bearish scenario will likely be invalidated.

Still, investors must pay close attention to the 100-day SMA at $50,655 since a decisive close below it will send BTC into a tailspin toward the 21-week EMA at $44,996 or the 200-day SMA at $36,022.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

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