Revolut, a British fintech company with a user base of more than 10 million people, will provide its customers with access to cryptocurrencies and gold.
The company’s customers received an e-mail stating that many leading countries in the context of the onset of the crisis are beginning to practice quantitative easing, which leads to currency devaluation. In this regard, Revolut recommends a closer look at alternative financial instruments – cryptocurrencies.
Bitcoin is an excellent tool to preserve the purchasing power of money because it will never be undermined by additional emissions. Also, central banks cannot influence cryptocurrencies, as is the case with fiat currencies.
Besides, before the end of this month, Revolut will offer its users access to gold, so that the company’s customers will be able to diversify their portfolios.
A couple of weeks ago, Revolut also launched an application for children that helps them understand the principle of money management.
Technical analysis of Bitcoin (BTC):
Over the past day, the price of bitcoin grew to the resistance level of $7,250. Then it dropped to the support level of $6,700. Now, the price of bitcoin is $7,000. In the future, we predict an uptrend. The nearest resistance levels are $7,100, $7,300, $7,660, $8,000, $8,020, $8,140. The nearest support levels are $6,700, $6,300, $6,000, $5,780, $5,450, $5,000, $4,840, $4,440, $3,900, $3,700.
Technical analysis of Ethereum (ETH):
Over the past day, the price of ethereum grew to the resistance level of $150. Then it fell to the support level of $142. Now, the price of ethereum is $138. In the future, we predict an uptrend. The nearest resistance levels are $150, $152, $161, $170. The nearest support levels are $142, $140, $137, $133, $130, $127, $120, $115.
Technical analysis of Ripple (XRP):
Over the past day, the price pf ripple rose to the support level of $0.1870. Then it fell to the support level of $0.1780. Now, the price of ripple is $0.1830. In the future, we predict an uptrend. The nearest resistance levels are $0.1850, $0.1980, $0.2050. The nearest support levels are $0.1770, $0.1750, $0.1680, $0.1570, $0.1520, $0.1420, $0.1370, $0.1280.
