Crypto Industry News:
The International Football Federation (FIFA) is gearing up to open its new NFT token platform later this month. To start with, FIFA + Collect will release a number of initial token collections and reveal details of its upcoming exclusive and limited collections, the organization said in a published press release.
The digital collections will represent unforgettable moments from soccer matches and feature iconic art and photos from the FIFA World Cup and the FIFA Women's World Cup.
"This exciting announcement makes FIFA collectibles available to every soccer fan, demonstrating the possibility of owning part of the FIFA World Cup. [...] Fandom is changing and soccer fans around the world are engaging in new and exciting ways ... Like sports memorabilia and stickers, this is an opportunity available for fans around the world to connect with their favorite players, moments and more "commented Romy Gai, Chief Business Officer of FIFA.
FIFA + Collect will be available on FIFA +, the federation's digital platform that provides access to live soccer matches from around the world, interactive games, news, tournament information and other original content. FIFA + Collect will initially be available in three languages - English, French and Spanish - with more coming soon, as well as on web and mobile devices.
Technical Market Outlook:
The ETH/USD pair had extended its move to the upside, was up 15,76% at one point during the weekend, however, the bulls were having problems with the technical resistance located at $1,654. The immediate technical support is seen at $1,530, but the key short-term technical support is located at the level of $1,425 and if clearly violated, then the next target for bears is located at $1,281. The momentum is positive, but not that strong and is hovers very close to the level of fifty. The larger time frame trend (daily and weekly) remains down until further notice.
Weekly Pivot Points:
WR3 - $1,624
WR2 - $1,598
WR1 - $1,581
Weekly Pivot - $1,572
WS1 - $1,555
WS2 - $1,546
WS3 - $1,520
Trading Outlook:
The Ethereum market has been doing the lower highs and lower low since the swing high was made in the middle of the August at the level of $2,029. If the down move will extend, then the next target for bears is located at the level of $1,358. The key technical support for bulls is seen at $1,281.
