The European Central Bank (ECB) will continue to explore the possibility of issuing its digital currency (CBDC), head of the institution Christine Lagarde said in an interview.
According to Lagarde, the “urgent need” for faster and cheaper payments, especially cross-border payments, led to the rapid development of innovations in this area.
“The ECB wants to play an active role in this area, and not just watch the changing world,” she said.
She noted that the special expert group of the ECB, established at the end of 2019, will work closely with central banks of different countries to explore the possibilities of introducing CBDC in the eurozone in various forms. Lagarde emphasized that the launch by the European regulator of its digital currency should not affect private market initiatives to develop “fast and efficient retail payments” in the European Union.
Technical analysis of Bitcoin (BTC):
Over the past day, the price of bitcoin dropped to the support level of $7,840. Now, it is $7,890. We expect a further downward movement a technical rebound. The nearest resistance levels are $7,900, $8,000, $8,140. The nearest support levels are $7,820, $7,670, $7,640, $7,500.
Technical analysis of Ethereum (ETH):
Over the past day, the price of ethereum fell to the support level of $136. Then it reached the resistance level of $141. Now, the price of ethereum is $138. In the future, we expect a slight decrease to the support level of $136. The nearest resistance levels are $139, $141, $143, $145, $146, $147, $150. The nearest support levels are $138, $135, $134.
Technical analysis of Ripple (XRP):
Over the past day, the price of ripple dropped to the support level of $0.2020. Then it reached the resistance level of $0.2080. Now, the price of ripple is $0.2040. We expect a decrease to the support level of $0.2020. The nearest resistance levels are $0.290, $0.21, $0.2170, $0.22, and $0.2240. The nearest support levels are $0.2020, $0.20.
