Amun, a Swiss fin-tech startup, has received approval from the Swedish Financial Supervisory Authority (FSA) to offer ETPs to retail investors in the EU.
“Approval gives us widespread access to direct sales in virtually the entire European retail market,” Amun CEO Hany Rashwan said.
To date, Amun has added ten products to the Swiss Stock Exchange and seven to the Stuttgart Stock Exchange. At the same time, all products are cryptocurrency-based ETPs, the total value of which is about $55 million.
“Our mission is clear and is to help investors more safely, efficiently, and easily invest in digital assets through our ETPs,” Amun President Ophelia Snyder said.
Technical analysis of Bitcoin (BTC):
Over the past day, the price of bitcoin grew a little to the resistance level of $7,650, then it dropped to the support level of $7,250. This movement fully coincided with our forecast. Now, the price of bitcoin is $7,350. We expect that bitcoin will leave the price corridor between $7,250-7,400. The nearest resistance levels are $7,400, $7,600, $7,670, $7,800, $7,900. The nearest support levels are $7,250, $7,160, $7,100, $6,800, $6,500.
Technical analysis of Ethereum (ETH):
Over the past day, the price of ethereum grew a bit to the resistance level of $152, then it dropped to the support level of $147. This movement fully coincided with our previous forecast. Now, the price of ethereum is $148. We expect that ethereum will leave the price corridor between $147-149. The nearest resistance levels are $150, $152, $155, $157, $162. The nearest support levels are $147, $146, $145, $143, $141, $139, $137, $132.
Technical analysis of Ripple (XRP):
Over the past day, the price of ripple grew a bit to the resistance level of $0.23, then it dropped to the support level of $0.22. This movement fully coincided with our forecast. We expect that ripple will leave the price corridor between $0.22-0.2240. The nearest resistance levels are $0.2240, $0.2260, $0.23, $0.2320, $0.2380. The nearest support levels are $0.22, $0.2170, $0.2140, $0.2090, $0.2040, $0.20.
