Read more
4:17 PM · 15 September 2022

📉ETH is pulling the markets lower

Market moods shifted in the afternoon following a set of mixed macroeconomic data from the US. Downward pressure is additionally fueled by Ethereum, which, despite the successful Merge and the transition to the Proof of Stake protocol, was sold out in accordance with the unwritten principle among investors called "sell the news". Alsoy comments from the Ukrainian government weighed on market sentiment. Officials stated that the continuation of the swift counter-offensive might be difficult due to the fortification of the Russian forces in the eastern part of the country.

ETHEREUM price broke below major support zone around $1590, which coincides with 38.2% Fibonacci retracement of the upward correction launched in June and lower limit of the ascending broadening wedge formation. Currently the price is approaching August lows at $1460, which is also marked by 50.0% retracement. Should break lower occur, declines may deepen towards support at $1360, where lows from July are located. Source: xStation5

20 April 2026, 10:23 AM

Crypto news: A bearish impulse on Bitcoin? 🚨 ETFs are flowing back into BTC

17 April 2026, 6:55 AM

Morning Wrap: Trump Announces Ceasefire Between Israel and Lebanon

16 April 2026, 6:25 PM

📌Bitcoin slips despite strong sentiments on Wall Street: Technical look

14 April 2026, 6:34 PM

Daily Summary: U.S. stock indices are climbing following the PPI data

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits