Crypto Industry News:
Ledger, a major supplier of hardware wallets designed to safely store cryptocurrencies, is launching a brand new wallet specializing in NFT.
The new product, named Ledger Nano S Plus, is the next generation Nano released in 2016. It was designed with the needs of NFT collectors in mind, Ledger said on Tuesday.
The new Ledger Nano S Plus is the company's sixth hardware wallet since it launched its first HW1 wallet in 2015, said chief experience officer Ian Rogers. The product is also the first hardware wallet that Ledger has released since the Ledger Nano X debuted in 2019.
The Nano S Plus, coupled with the recent support for clear signing through Ledger Live, is designed to provide a safer user experience for Web3 customers.
Technical Market Outlook:
The ETH/USD pair has made a new high at the level of $3,582, but the rally was capped after the Shooting Star candlestick pattern was made. Moreover, the market come off the oversold conditions, so the bulls pulled-back towards the key technical support located at $3,287, but, as long as the price stays above the key technical support seen at $3,045, the bulls are in control of the market.
Weekly Pivot Points:
WR3 - $3,968
WR2 - $3,746
WR1 - $3,642
Weekly Pivot - $3,423
WS1 - $3,335
WS2 - $3,113
WS3 - $3,000
Trading Outlook:
The market has broken above the level of $3,192 which was the key Fibonacci retracement for bulls. The bulls re now in control of the market and are heading towards the 50% Fibonacci retracement on the weekly time frame chart located at $3,512.
