Starbucks and McDonald’s are among the 19 restaurants and retail stores that will be participating in testing the state cryptocurrency of China in the Hunan area.
According to local media, citing a government document, the National Development and Reform Commission in Hebei Province convened a meeting this week to launch a pilot project for China’s state cryptocurrency.
The meeting was attended by representatives of government agencies, four state-owned commercial banks of China, Ant Financial, Tencent, as well as 19 restaurants and retail stores that will test the state cryptocurrency.
Technical analysis of Bitcoin (BTC):
Over the past day, the price of bitcoin grew to the resistance level of $7,200. Then it fell to the support level of $7,000. Now, the price of bitcoin is $7,180. In the future, we predict the continuation of the uptrend. The nearest resistance levels are $7,200, $7,450, $7,660, $8,000, $8,020, $8,140. The nearest support levels are $7,000, $6,770, $6,400, $6,100, $6,000, $5,780, $5,450, $5,000.
Technical analysis of Ethereum (ETH):
Over the past day, the price of ethereum grew to the resistance level of $187. Then it fell to the support level of $178. Now, the price of ethereum is $184. In the future, we predict the continuation of the uptrend. The nearest resistance levels are $186, $200, $210, $215. The nearest support levels are $178, $174, $169, $166, $157, $161, $155, $153, $150, $142.
Technical analysis of Ripple (XRP):
Over the past day, the price of ripple rose to еру resistance level of $0.19. Then it fell to the support level of $0.1850. Now, the price of ripple is $0.19. In the future, we predict the continuation of the uptrend. The nearest resistance levels are $0.19, $0.1950, $0.2050, $0.21, $0.22, $0.23. The nearest support levels are $0.1820, $0.1770, $0.1750, $0.1680, $0.1570.
