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Russian Central Bank accelerates development of digital ruble

2022-05-30
1167
Fundamental analysis:

Ethereum maintained a shock around 1721. Olga skorobogatova, the first vice chairman of the Central Bank of Russia, said that the Central Bank of Russia accelerated the development of the digital ruble due to sanctions against Russia. The Central Bank of Russia initially reserved a digital ruble pilot for real transactions and customers in 2024, but unanimously decided to start the project in April 2023. At the same time, given the digital ruble framework, regulators also need to start implementing smart contracts.


Ethereum eth/usdt - 4-hour K-line diagram display:




Technical comments: the bearish power continued to fluctuate and descend near the brin zone index. After the low level reached the node near 1706, it began to sort out. The short-term weak downward trend may continue. The brin zone index is in a slow opening trend. The MACD index is in the bearish area under the 0 axis and the RSI index is in the 50 equilibrium line and the RSI index is in a slow downward trend;


Long short turning point: 1764


Pressing position: 1855, 1964


Support position: 1624, 1544


Trading strategy: 1764 down bearish, target 1624, 1544


Alternative strategy: upward bullish in 1764, target 1855, 1964


The above analysis is a personal point of view and is for reference only.
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