Market players are taking some clues from big news that hit the market today. Russia is in preparation to legalize Bitcoin and crypto as a currency this month. As per the reports, the Russian government and central government in their publication revealed that they will introduce a crypto regulatory draft by February 18th, 2022.
Is Crypto A Threat to Ruble (RUB)?
Experts believed that the cryptocurrency adoption by the Russian government could threaten the domestic currency Rubble. Crypto has always been seen as a threat to national currencies and hence majority of the govt.’s are hesitant to legalize it. As reported by Coingape, Russian Central Bank proposed a full ban on cryptocurrency in January, 2022. One among major reason for this is crypto’s potential threat to Russian national currency “Ruble”.
In fact, Russia’s second richest man, Vladimir Potanin said tokens can replace cryptos. He believes a digital Ruble is a better alternative to risky cryptos like Bitcoin.
Opposed to Russian Govt.’s negative stance on crypto since beginning, neighbor Ukraine has been pro crypto. As per Chainalysis, Ukrain ranks fourth in Global crypto adoption index.
Ruble Loses More Than 7% Against USD
On the technical charts, there are multiple signals indicating the continuation of the downtrend in the RUB/USD pair. The pair has been trading below the 20 and 50 DMA crossover since January 31st.
Investuotojai šiuo metu artėja prie svarbiausio 100-DMA – 74.65 USD. Pardavimo spaudimas dar labiau sustiprėtų, jei pardavėjai pažeis nurodytą lygį.
Neigiamas dienos santykinio stiprumo (RSI) skirtumas davė išankstinį signalą apie artėjantį kainos nuosmukį. Pagreičio rodikliai pasiekė trigubą viršūnę – 70, o tai kaskart atitinka kainų kritimą.
Kitas rodiklis, slankiojo vidurkio konvergencijos skirtumai, netrukus viršys vidurio liniją ir, jei taip atsitiks, sukels dar vieną pardavimo raundą.
The RUB/USD pair keeps meeting sellers near the important Fibonacci retracement level, which extends from the lows of $69.21 made on October 26th.
Dienos diagrama rodo, kad lokiai išlaiko kontrolę su keliais pagalbiniais signalais. Pora ir toliau svyruoja apie 100 DMA kritimą ir artėja prie 0.618% Fibonacci atsekimo lygio ir per trumpą laiką siekia 73.04 USD.
Atsakomybės neigimas
Pateiktame turinyje gali būti asmeninė autoriaus nuomonė ir jis priklauso nuo rinkos sąlygų. Prieš investuodami į kriptovaliutas, atlikite rinkos tyrimus. Autorius ar leidinys neprisiima jokios atsakomybės už jūsų asmeninius finansinius nuostolius.
apie Autorius
Source: https://coingape.com/markets/russian-ruble-loses-7-percent-russia-legalizes-crypto/