USD/CHF Trading forecasts and signals

The Shiba Inu (SHIB) and Akita Inu (AKITA) tokens have lost more than 40% of their value over the past day.The creator of Ethereum, Vitalik Buterin, has started selling "dog" tokens.The Shiba Inu and Akita Inu tokens on Tuesday once again updated their historical highs, but on Wednesday they began to decline sharply. Before that, in a short period of time, the tokens grew by tens of thousands of percent.The creators of the meme projects Shiba Inu (SHIB) and Akita Inu (AKITA), which repeat the Dogecoin theme, blocked half of the issue of their tokens in pools on the Uniswap exchange, and sent the other half to Buterin's address.On Wednesday, he began selling them on the Uniswap crypto exchange. Later, Buterin approved transactions from his wallet with the Dogelon Mars token (ELON), the holder of half of the issue of which he is also.Part of the received ETH Buterin sent as a donation to Gitcoin, the other part was transferred to the Coinbase wallet. Previously, Buterin also withdrew 95% of the liquidity from the Uniswap pool. He sent 500 ETH and 50 trillion SHIB with a nominal value of $1.2 billion to the Indian anti-coronavirus fund.The creator of Ethereum decided to sow financial chaos among the holders of dog tokens. On this basis, many observers concluded that in this way he wanted to send a message.Due to the large volume of transactions with tokens from this category, fees on the Ethereum network recently reached new highs above $50. The exchange of assets on the Uniswap exchange cost more than $300 per operation.

The price of Bitcoin dropped to the level of $54,900. Ethereum is trading around the 4200 mark. XRP fell to the support of $1.4. The total capitalization of the digital currency market was $2.44 trillion.The capitalization of Ethereum exceeded 500 billion at the rate of $4370. This mark was another historical high. Immediately after that, Ethereum began to adjust downwards. This figure exceeded the exchange value of the payment giant Visa, today its market capitalization is 481 billion Dollars. Ethereum managed to overtake the largest US bank JPMorgan. In comparison with bitcoin, Ethereum took much less time to take such positions. The rapid growth of the coin is facilitated by the expectation of a full-fledged deployment of Ethereum 2.0, which implies a transition from the Proof-of-Work consensus algorithm to Proof-of-Stake. This can further strengthen its position in the market. Cryptocurrency analysts believe that by the end of 2021, Ethereum will be trading in the range of 8,000-10,000 Dollars. Many also believe that this cryptocurrency has every chance to shift Bitcoin to the second place in terms of market capitalization.Meanwhile, the US stock market regulator warns investors about the risks of buying Bitcoin futures and funds. The agency has issued a warning to users trading Bitcoin futures. The SEC called the first cryptocurrency a highly speculative asset, and also urged users to carefully analyze the financial risks inherent in Bitcoin futures contracts with settlements in fiat currency. Investors are advised to determine the risk profile for the correct allocation of assets in their investment portfolio. According to the Commission, the high volatility of bitcoin and the lack of clear regulation of the cryptocurrency industry create conditions for fraud and manipulation in the cryptocurrency market. The SEC's warning came as major banks began providing their clients with access to Bitcoin and becoming interested in the crypto asset themselves. In addition, the agency will continue to monitor the development of mutual funds that provide access to Bitcoin in order to protect the interests of investors. Signals for trading cryptocurrencies Bitcoin, Ethereum and XRPThe forecast expects Bitcoin to decline to the price values of 54700, 54500 and 54000 Dollars. Ethereum will continue to adjust to the levels of 4150, 4100 and 4000 Dollars. XRP will decline to the levels of 1.37, 1.35 and 1.30 Dollars.

Cryptocurrency Bitcoin Yesterday morning, the Bitcoin price failed to return to the green ascending wedge to continue the fight for the breakout of the psychological level of 60000.00 USD. Resistance at the level of 58000.00 USD turned the pair into a deep pullback, as a result of which the BTC price tested support at the level of 46000.00 USD tonight.  In the morning, the pair bounced above the 50000.00 USD mark and is trying to gain a foothold in this area, but against the background of a three-day fall in the stock market, the negative expectations of crypto market participants are increasing. (Yesterday, the Dow Jones and S&P500 were down about 2%, hitting a one-month low.) Today, during the day, the pressure from the bears may increase and the pair will return to the local minimum in the support area of 46000.00 USD. Cryptocurrency Ethereum  Yesterday, the price of Ethereum punctured the target level of 4300.00 USD, and before a deep pullback, managed to update the absolute maximum around the mark of 4380.00 USD. At the end of the day, the price of ether fell below the level of average prices, and tonight tested the support of 3600.00 USD. The local minimum is set at 3550.00 USD.  In the morning, buyers tried to restore the pair to the area of the two-hour EMA55, but the lack of a positive mood in the market can return the price to the area of the overnight low. We believe that by the end of the day, the price may gain a foothold around the 3500.00 USD mark.   Cryptocurrency XRP  Yesterday, in the first half of the day, the price of XRP fell back below the 1.500 USD mark, and by the end of the day it broke through the support of 1.315 USD, setting a minimum at 1.201 USD at night.  Until the morning, buyers tried to restore the price above the yellow support, but it is not yet possible to gain a foothold in the short-term sideways trend. Today, there is a high probability of continuing the decline to the level of 1.150 USD.

Ethereum ETH/USD is trading at 4328. Cryptocurrency quotes are trading above the level of the moving average with a period of 55. This indicates the presence of a bullish trend for Ethereum. At the moment, the cryptocurrency quotes are moving near the average border of the bands of the Bollinger Bands indicator. Cryptocurrency Ethereum ETH/USD trading forecast for May 13, 2021 As part of the Ethereum exchange rate forecast, a test of the 3990 level is expected. Where to expect an attempt to continue the growth of ETH/USD and further development of the upward trend. The target of this movement is the area near the level of 4910. The conservative area for Ethereum purchases is located near the lower border of the Bollinger Bands indicator bands at the level of 3700. Cryptocurrency Ethereum ETH/USD signal for May 13, 2021 The cancellation of the option to continue the growth of the Ethereum rate will be a breakdown of the lower border of the Bollinger Bands indicator bands. As well as the moving average with a period of 55 and the closing of the pair's quotes below the area of 3650. This will indicate a change in the current trend in favor of a bearish one for ETH/USD. In the event of a breakdown of the upper limit of the bands of the Bollinger Bands indicator, we should expect an acceleration in the fall of the cryptocurrency.Ethereum ETH/USD forecast for today May 13, 2021 suggests a test of the 3990 level. Further growth is expected to continue in the area above the level of 4910. The conservative buy zone is near the 3700 area. The cancellation of the growth option of the cryptocurrency will be the breakdown of the 3650 level. In this case, we should expect the fall to continue.