If the merge will have an impact on the price of Ethereum, is yet to be known as there are many variables and unknowns which make the price predictions for the token impossible. One must note that the Merge is not a guaranteed price booster. The Merge will also introduce changes to the rate over issuance and distribution, which can go either positive or negative, depending upon the outlook. However, speculations are already being priced in by the markets.
Tech View: Nifty forms bullish reversal pattern. What traders should do next week
The psychological mark of 22,000 holds intermediate support, followed by strong support of the 21,800-21,700 subzone. On the higher end, the 20-DEMA placed at 22,300,
April 19, 2024